• Open

    Fast-Moving Consumer Goods (FMCG) Industry: Definition, Types, and Profitability
    Fast-moving consumer goods (FMCG) are cheaper products that sell quickly such as milk, gum, fruit and vegetables, soda, beer, and common drugs like aspirin.  ( 23 min )
    The 5 Biggest Financial Advisory Firms in the U.S.
    Read about the five largest financial advisory services firms in the United States, including big names such as Vanguard and JPMorgan Chase.  ( 22 min )
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    The reason the stock market has stayed relatively stable amid economic chaos: computer-driven trading
    Quant funds, which use computer models to trade, are helping calm the markets at a time of uncertainty.  ( 8 min )

  • Open

    Rental Property Tax Deductions
    Rental property owners save money by deducting mortgage interest, depreciation, property taxes, and the cost of operation and maintainence.  ( 31 min )
    World Insurance
    World insurance protects firms from being sued by an international plaintiff.  ( 19 min )
    FAKO Score Definition
    "FAKO Score” refers to any credit score that is not the “FICO Score” developed and sold by the credit scoring company, Fair Isaac Corporation (FICO).  ( 21 min )
    Auction Market Preferred Stock (AMPS) Definition
    Auction market preferred stock refers to preferred equity securities that have interest rates or dividends that are periodically reset.  ( 19 min )
    Heritage and Stabilization Fund (HSF)
    The Heritage and Stabilization Fund is a sovereign wealth fund established in 2007 by the Republic of Trinidad and Tobago.  ( 20 min )
    Double-Barreled Bond
    A double-barreled bond is a municipal bond in which the interest and principal payments are pledged by two distinct entities—revenue from a defined project and the issuer and its taxing power.  ( 20 min )
    How Blockchain Can Help Emerging Economies
    Blockchain can help the flow of data and money in emerging economies.  ( 22 min )
    Lock Period Definition
    A lock period is the window of time over which a mortgage lender must keep a specific loan offer open to a borrower.  ( 19 min )
    Lottery: Overview, History, Advantages and Disadvantages
    A lottery is a low-odds game of chance or process in which winners are decided by a random drawing.  ( 19 min )
    Can You Use a Home Equity Loan for Investment Property?
    Real estate investing has been white hot. Should you take out a home equity loan to get in on the action?  ( 23 min )
    The 9 Biggest Hedge Fund Failures
    Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 28 min )
    Indexing: Definition and Uses in Economics and Investing
    Indexing may be a statistical measure for tracking economic data, a methodology for grouping a specific market segment, or an investment management strategy for passive investments.  ( 22 min )
    What Is Rescission? Requirements, How It Works, and Example
    Rescission is the voiding of a contract that a court does not recognize as legally binding. Find out when you can and cannot rescind a contract.  ( 23 min )
    Ripple Definition
    Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 24 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Reverse Calendar Spread Definition
    Reverse calendar spread involves buying and selling a short and long term option on the same underlying security with the same strike price.  ( 19 min )
    Swimming Pools: Costs vs. Long-Term Value
    Consider the costs of installing and maintaining a swimming pool, and compare them with the utility and market value it adds to your home.  ( 24 min )
    Capital Loss Carryover: Definition, Rules, and Example
    Capital loss carryover is the amount of capital losses a person or business can take into future tax years.  ( 26 min )
    Medicaid Waiver
    A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )
    The 50/30/20 Budget Rule Explained With Examples
    Learn about Elizabeth Warren's 50/20/30 budget rule; a simple and effective plan for personal money management and wealth creation.  ( 25 min )
    5 Common Misconceptions About Fiduciaries
    Understanding what a fiduciary is will help you know what to expect from the person you trust with your money.  ( 22 min )
    Second Mortgage: What It Is, How It Works, Lender Requirements
    A second mortgage is a mortgage made while the original mortgage is still in effect. Learn the requirements for a second mortgage and how to apply.  ( 24 min )
    What Is a Hash? Hash Functions and Cryptocurrency Mining
    A hash is a function that converts an input of letters and numbers into an encrypted output of a fixed length.  ( 23 min )
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    Winklevoss Twins Attempt Pivot After Gemini Loses Money and Employees
    (Bloomberg) -- Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up. Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapManchin Gets Mountain Valley Pipeline Deal Into Debt BillTraders Ready to Embrace Riskier  ( 13 min )
    Insiders Pour Millions Into These 2 Beaten-Down Stocks, and Analysts Say They Could Be Ready to Bounce Back
    Savvy investors will always be looking to pick up shares of undervalued stocks. That is, after all, the essence behind the slogan ‘buy low, sell high.’ The problem, though, lies in determining which stocks are merely temporarily languishing in the doldrums and are primed to pick up steam, rather than indicating that their depressed prices are just not worth the time of day. Of course, there are many ways to assess that scenario, and one simple strategy is to examine the actions taken by insiders  ( 10 min )
    Retail investors aren't buying into the AI hype yet, and the boom pales in comparison to the meme-stock bubble
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    Markets are sounding alarms on China's economy, but analysts say Wall Street is missing the big picture
    "That's the one big negative factor that I worry about more than all the other things that we have talked about. Why is private investment so weak?"  ( 7 min )
    Nvidia is not the only firm cashing in on the AI gold rush
    Selling specialist chips and infrastructure is becoming a trillion-dollar industry  ( 12 min )
    Arby's employee found dead in freezer had 'beat her hands bloody' trying to escape, lawsuit says
    The family of an Arby's employee who was found dead inside a walk-in freezer at a Louisiana restaurant is suing the owners for wrongful death and gross negligence.  ( 7 min )
    Crocs 'Ugly' Shoe Company Outperforming Tech Giants Microsoft, Amazon And Meta Platforms In The Stock Market
    The latest stock sensation might just be hiding in your shoe closet or even on your feet right now. Colorado-based company Crocs Inc. (NASDAQ:CROX) has quietly outperformed some of the biggest players in the market over the past five years, including tech behemoths like Microsoft Corp, Meta Platforms Inc., and Amazon.com, Inc. Don’t Miss: Thanks to changes in federal law, anyone can invest in EV startups The shoe company that was once a fashion faux-pas has been making investors happy over the l  ( 8 min )
    Big Tech stocks' massive gains this year have made them even more dominant. That could be bad news for investors.
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    Long-Dated Treasury Futures Rally in Wake of Debt-Ceiling Accord
    (Bloomberg) -- Treasury futures linked to the 10- to 30-year part of the US government bond market rallied on light volume Monday, as traders looked ahead to an array of supportive factors that could come into play when trading resumes Tuesday after the Memorial Day holiday.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap  ( 7 min )
    Toronto Condo Investors Are Losing Money in a Bad Sign for Renters
    (Bloomberg) -- The majority of investors who took on mortgages in 2022 to pay for new Toronto condos have been losing money every month, a shift that could discourage future building in what is already one of North America’s tightest rental markets.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain  ( 7 min )
    Canada’s Largest Pension Bought Apple, and Sold Tesla and EV Stocks
    Canada Pension Plan’s manager scooped up Apple stock, and cut positions in Tesla, NIO, XPeng, and Li Auto in the first quarter.  ( 22 min )
    Charlie Munger Says US Nearing 'Mild' Recession, But It Won't Be 2008 All Over Again
    Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )
    Could the U.S. Default on June 5? It Depends
    It isn’t certain what happens on the so-called X-date if Congress doesn’t raise the debt limit.  ( 26 min )
    PayPal CEO wanted: must be able to reverse $293bn share price slump
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    10 Stocks to Play a Resurgent Energy Sector, From Our Roundtable Experts
    Our energy roundtable experts see value in U.S. shale stocks and European majors as global energy demand outstrips supply.  ( 83 min )
    Markets Mixed Ahead of Debt-Ceiling Vote
    Global stocks were mixed in thin trading Monday after a preliminary deal to raise the U.S. debt ceiling was struck between the White House and Republican negotiators.  ( 32 min )
    Can I Make Money Off a Passively Managed Index Fund?
    If you would like to invest in a financial asset with low operating costs, exposure to the broad market or a market sector and lower taxes, an index fund might be for you. You will find that you can use … Continue reading → The post How to Invest in Index Funds appeared first on SmartAsset Blog.  ( 10 min )
    Fidelity or Charles Schwab: I'm Looking For a Well-Established, Long-Term Broker. Which Is Better?
    As investing platforms, Charles Schwab and Fidelity make for a very apples-to-apples comparison. Both are long-standing brokerage houses with a history of financial management, personal advising and retail services. Both have introduced online trading platforms in the form of apps … Continue reading → The post Fidelity vs. Charles Schwab: Which Is Best? appeared first on SmartAsset Blog.  ( 11 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 40 Comfortably with $2 Million?
    Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: This Overlooked Asset Could Break Out in 2023. Is It Right For You?
    In the world of investments, perhaps none are less flashy than municipal bonds. If stocks and corporate bonds are the steak and roasted potatoes of your investment plate, municipal bonds are more like steamed brussels sprouts. But this overlooked asset … Continue reading → The post Morningstar Says This Overlooked Asset Could Break Out in 2023 appeared first on SmartAsset Blog.  ( 7 min )
    This Lucrative Asset Class Could Help You Build Wealth
    Value stocks may be the one asset class you must have in your portfolio for the next decade. After a decade-plus of underperformance and decline, value investing began to rebound in September 2020. While the emergence of the Delta variant … Continue reading → The post This Is the Asset Class You Want in Your Portfolio Over the Next 10 Years appeared first on SmartAsset Blog.  ( 9 min )
    JPMorgan analysts love these energy stocks — and give them at least 40% upside
    Not for nothing does the phrase “buy low, sell high” get overused. The best opportunities often arise following a pullback and the investment experts at JPMorgan are keen to point them out. They have been closely monitoring the energy market and are seeing a lot of promise in energy companies. The banking giant is showing a positive outlook on two specific energy stocks with the pair offering different value propositions. Both have been underperforming the market this, but JPM’s analysts are pro  ( 10 min )
    Whether in China or the U.S., Gen Z doesn’t want your low-paying jobs. Stagnant wages and stigma around blue-collar work keeps them jobless
    China and the U.S. are urging Gen Z to take on blue-collar jobs, but unless the sector has better pay and respect, Gen Z isn't all that interested.  ( 11 min )
    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Bitcoin drops below US$28,000, Tron’s deflation slows losses
    Bitcoin couldn’t maintain its Monday morning gains as the world’s largest cryptocurrency dropped below US$28,000 in the afternoon.  ( 7 min )
    US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman
    The proposed Digital Asset Mining Energy tax has reportedly been taken off the table, according to U.S. Congressman Warren Davidson.  ( 8 min )
    Stock Futures Rise as U.S. Nears Deal to Lift Debt Ceiling
    Futures tied to the Dow Jones Industrial Average rose 0.2%, while S&P 500 futures rose 0.3% and Nasdaq futures were up 0.5%. U.S. and U.K. markets are closed on Monday for public holidays.  ( 29 min )
    Turkish Lira Falls After Erdogan Wins Another Five Years in Power
    (Bloomberg) -- Turkey’s lira weakened after Recep Tayyip Erdogan won a presidential runoff election on Sunday, extending his time as the nation’s longest-serving leader in a tenure that has increasingly alienated foreign investors.Stocks rose and dollar bonds were mixed at the open as investors awaited appointment of a new economic team that he promised would have “international credibility,” hinting at a potential turn away from an unorthodox policy mix based on ultra-low interest rates and hea  ( 8 min )
    Adani has put India back in the world's top five stock markets list
    Last week’s stellar revival in Adani Group stocks has helped India reclaim its position among the world’s five largest stock markets.  ( 7 min )
    In the Market: Amid the calm, the Fed brews the next storm
    Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. Surprised by the persistence of inflation in the face of the fastest rate hike cycle since the 1980s, Kashkari and some other Fed officials have turned up the heat again in recent days, with a hawkish outlook on interest rates. In doing so, they may also be inadvertently setting the stage for the next market crisis and Fed intervention, in turn, undercutting the bank's policy tightening to fight inflation.  ( 7 min )
    ‘No one can predict how high they might go’: Wharton’s Jeremy Siegel says the A.I. boom is ‘not a bubble yet’ after Nvidia’s $184 billion rally
    Rosy guidance from chipmaker Nvidia last week helped spark the third-largest single-day jump in market value in U.S. history.  ( 8 min )
    Iraq Boosts Gold Reserves by 2% in Single Day in Gradual Buildup
    (Bloomberg) -- Iraq’s central bank boosted its gold reserves by about 2% in a single day last week as part of what it calls a gradual plan to stock up on the precious metal that’s seen as a traditional haven in times of economic distress.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’  ( 7 min )
    3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
    The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and Beijing's alliance with Russia amid the war.  ( 10 min )
    India files graft case against BAE Systems, Rolls-Royce
    NEW DELHI (Reuters) -India has filed a graft case against Britain's BAE Systems plc and Rolls-Royce Holdings for "criminal conspiracy" in the procurement and licensed manufacturing of 123 Hawk 115 advanced jet trainers, a document showed. The case is based on the findings of an investigation launched by India's Central Bureau of Investigation (CBI) in 2016, the federal police document dated May 23 said. BAE Systems and Rolls-Royce did not immediately respond to Reuters' requests for comment on Monday, which is a bank holiday in Britain.  ( 7 min )
    Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling
    (Bloomberg) -- Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe largest digital token added  ( 6 min )
    Thai economy resilient, on path to full recovery - Finance Minister
    Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia's second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital tourism sector. The economic recovery has been supported by a comprehensive and timely policy mix of fiscal and monetary policies, which respectively should continue to be implemented proactively and prudently, Arkhom Termpittayapaisith told a World Bank forum.  ( 6 min )
    Nvidia, MediaTek partner on connected car technology
    Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for infotainment displays.  ( 7 min )
    Saudi Net Reserves Fall to $410 Billion, Lowest Since 2010
    (Bloomberg) -- Saudi Arabia’s foreign reserves fell in April to the lowest in more than 13 years, in an apparent sign the kingdom hasn’t yet used last year’s $326 billion oil windfall to top up the central bank’s holdings. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’s Richest Man T  ( 7 min )
    India Reclaims Spot as World’s Fifth-Largest Stock Market
    (Bloomberg) -- India has reclaimed its spot as the world’s fifth largest stock market after losing that status to France in January, as foreign investors snap up the Asian nation’s shares.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Val  ( 7 min )
    Baidu Shares Jump as Ernie Bot Progress Rekindles AI Bets
    (Bloomberg) -- Baidu Inc. shares jumped in Hong Kong following reports that it will soon launch a large-language model to power its ChatGPT-Like app Ernie Bot. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline Deal Into Debt BillThe shares rose as much as  ( 7 min )
    Nvidia’s New AI Supercomputer Is a Game Changer. Google, Meta, and Microsoft Will Be First Users.
    Nvidia said Google, Meta, and Microsoft would be among the first companies to get access to its DGX GH200 supercomputer.  ( 22 min )
    Bear Market Looms for China Stocks in Hong Kong as Losses Mount
    (Bloomberg) -- A gauge of Chinese shares traded in Hong Kong inched closer to bear-market territory as a wobbling economic recovery, intensifying geopolitical tensions and a weaker yuan keep investors away.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline  ( 7 min )
    Why Are Markets So Calm? It’s Revenge of the Quant Funds
    Firms that use computers to determine buy and sell signals have been loading up while other investors sit back.  ( 30 min )
    Is the Stock Market Open Today? Here Are the Trading Hours for Memorial Day.
    U.S. investors will likely welcome a chance to grab some sunshine on the federal holiday.  ( 23 min )
    The AI Boom Runs on Chips, but It Can’t Get Enough
    A shortage of the kind of advanced chips that are the lifeblood of new generative AI systems has set off a race to lock down computing power and find workarounds.  ( 28 min )
    Commercial property’s big reset will present opportunities
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
    Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling. Tokyo, Sydney and Shanghai advanced while Hong Kong fell. The agreement on the U.S. debt eased what had been a potentially huge threat to markets worldwide.  ( 9 min )
    It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
    (Bloomberg) -- China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal miners.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 8 min )
    Bitcoin back above US$28,000 as cryptos rebound on US debt ceiling talks
    Bitcoin moved back above US$28,000 on Monday morning in Asia, leading a rally among all top 10 non-stablecoin tokens. Ether reclaimed the US$1,900 level.  ( 8 min )
    Gold prices slip on US debt limit deal, Fed rate-hike bets
    Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal. Hurting gold's appeal as a safe-haven asset, U.S. President Joe Biden said on Sunday he had finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025 and that the deal was ready to move to Congress for a vote. "The fact the odds of a hike were as low as 17.4% just over a week ago show how expectations for a Fed pause have been abandoned, helping the US dollar rise for a third week and weigh on gold prices," City Index senior market analyst Matt Simpson said.  ( 7 min )
    Indian rupee may struggle on rising likelihood of Fed rate hike
    The Indian rupee may come under pressure on Monday, after a tentative deal to raise the U.S. debt ceiling made it likely that the U.S. Federal Reserve will raise rates next month. Non-deliverable forwards indicate the rupee will slightly lower from the previous session's level of 82.575 per U.S. dollar. Odds of a 25 basis points Fed rate hike at the June 13-14 meeting climbed to 2-in-3 after President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy to suspend the existing debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote.  ( 6 min )
    Turkish Lira May Slide 29% After Erdogan Victory, Morgan Stanley Says
    (Bloomberg) -- The Turkish lira is at risk of a 29% slump should President Recep Tayyip Erdogan, who clinched another five-year term, stick to his policy of keeping interest rates low.That’s according to Morgan Stanley analysts including Hande Kucuk and Alina Slyusarchuk, who wrote in a Sunday note that the lira may reach 26 per dollar sooner than earlier expected and weaken close to 28 by the end of the year, without a change in policy direction. The currency closed at 19.97 per dollar on Frida  ( 7 min )
    Dollar elevated as sticky inflation cements Fed hike bets, debt ceiling deal lifts optimism
    The dollar was firm on Monday as economic resilience in the United States raised market expectations for further rate hikes by the Federal Reserve, while news that a debt ceiling deal had been finalised sparked some risk-on sentiment. The yen's renewed decline has come on the back of rising U.S. Treasury yields, as bets grow that interest rates in the United States would stay higher for longer. Data released on Friday showed that U.S. consumer spending increased more than expected in April and inflation picked up, adding to signs of a still-resilient economy.  ( 8 min )
    Asian shares, US futures rise on debt ceiling deal
    Asian shares and U.S. stock futures rose on Monday, buoyed by a weekend deal by U.S. President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling, ending a months-long stalemate and angst for investors. After weeks of negotiations, McCarthy and Biden forged a agreement late on Saturday to avert an economically destabilising default to suspend the $31.4 trillion debt ceiling until 2025. The positive news lifted S&P 500 futures 0.4% in early trade while Nasdaq futures firmed 0.6%.  ( 7 min )
    US Stock Futures, Asian Equities Rise on Debt Deal: Markets Wrap
    (Bloomberg) -- US stock futures advanced as appetite for risk taking returned to global markets following the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republi  ( 9 min )
  • Open

    Top Tobacco Stocks for 2023
    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.  ( 1 min )
  • Open

    Grootouders reizen stad en land af om op kleinkinderen te passen
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt ze niet in dank afgenomen.  ( 7 min )
    Turkse lira verliest terrein ten opzichte van Amerikaanse dollar
    De Turkse lira heeft maandag terrein verloren ten opzichte van de Amerikaanse dollar. De koersdaling van de Turkse munt volgt op de herverkiezing van president Recep Tayyip Erdogan, die zondag de tweede ronde van de presidentsverkiezing heeft gewonnen.  ( 4 min )
    Opa's en oma's springen in het gat van de oververhitte kinderopvang
    Grootouders zijn onmisbaar geworden voor gezinnen met jonge kinderen. Ze springen in het oppasgat dat de overspannen kinderopvangmarkt achterlaat. Groot voordeel voor opa en oma is dat ze een bijzondere band met hun kleinkinderen opbouwen. Het nadeel? Een weekje overslaan wordt niet in dank afgenomen.  ( 7 min )
    NU+ | De digitale euro komt eraan, dit is wat we al weten
    De Europese Commissie werkt momenteel aan een digitale variant van de euro en wil volgende maand met een wetsvoorstel komen. Ondertussen heeft het kabinet een aantal eisen op tafel gelegd waar de e-euro aan moet voldoen. Maar waar is een digitale euro eigenlijk voor nodig? En is het zeker dat hij er komt?  ( 5 min )
    Pakketje ophalen bij de buurtwinkel? Winkelier zit ermee in zijn maag
    Buurtwinkels hebben het druk met de stroom aan postpakketten. Hun magazijnen staan tot aan de nok toe vol met dozen die wachten om opgehaald te worden. Het levert winkeliers "belabberd weinig geld" op, maar slechts een enkeling stopt ermee.  ( 4 min )

  • Open

    How Fiat Currency Crises Drive Nations Toward Cryptocurrencies
    Countries like El Salvador, Iran, and Venezuela have turned to cryptocurrencies as fiats have experienced inflation and other troubles.  ( 19 min )
    How Mortgage Points Work
    Do you want to buy a house or apartment with lower upfront costs? Learn how mortgage points can help you pay less for your home.  ( 25 min )
    Transfer Pricing: What It Is and How It Works, With Examples
    Transfer pricing is an accounting and taxation-linked practice allowing companies to save on taxes.  ( 22 min )
    When Will Amazon (AMZN) Accept Bitcoin?
    Amazon has been reluctant to embrace Bitcoin for various reasons, though some of those reasons are purely speculation.  ( 21 min )
    3 Reasons to Invest in Multi-Family Real Estate
    Here are three reasons to consider investing in multi-family real estate.  ( 20 min )
    Mass Index: Overview and Examples in Technical Analysis
    Mass index is a form of technical analysis that looks at the range between high and low stock prices over a period of time.  ( 18 min )
    Accounts Receivable (AR) Discounted Definition
    Accounts receivable discounted refers to the selling of unpaid outstanding invoices for a cash amount that is less than the face value of those invoices.  ( 19 min )
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    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
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  • Open

    Oil gains after US leaders strike debt deal
    (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. U.S. President Joe Biden and House Speaker Kevin McCarthy on the weekend forged an agreement to suspend the $31.4 trillion debt ceiling and cap government spending for the next two years.  ( 7 min )
    Oil climbs after US leaders strike provisional debt deal
    Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer. Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%. U.S. President Joe Biden and House Speaker Kevin McCarthy on Saturday reached an agreement in principle to suspend the $31.4 trillion debt ceiling.  ( 7 min )
    Wall Street’s Best Analyst Suggests 2 Semiconductor Stocks to Buy — Here’s What Makes Them Stand Out
    Today, investors have access to huge amounts of information that can help in pointing towards the best stocks to pick up. So much information, in fact, that it can often result in overload and confusion, rather than providing a clear signal. Therefore, it might be best to stick to an uncomplicated regime and let the stock picking experts lead the way. And on Wall Street, right now Jeffries analyst Mark Lipacis is the best of the lot. According to TipRanks, a platform that tracks and measures the  ( 10 min )
    The S&P 500 has rallied thanks to the AI boom, but parts of the index may be signaling a recession. Here's what 7 experts have said.
    No content preview
    Marketmind: Relief rally eyed on US debt ceiling deal
    Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default. Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves. If so, they are likely to be outsized gains, certainly across risk assets - Wall Street rallied strongly on Friday, particularly the Nasdaq and mega tech stocks, and the news from Washington over the weekend will only be seen as positive.  ( 7 min )
    Analysis: Debt deal could boost unloved corners of U.S. stock market, though risks loom
    Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers face a difficult path to pass the agreement through Congress before the June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert a catastrophic U.S. default and boost overall appetite for risk while also buoying some of the sectors that have been left behind in this year’s tech-led rally, such as cyclical stocks and small caps, investors said. But some are wary that proposed spending cuts could weigh on U.S. growth.  ( 9 min )
    Ford EVs will have Tesla DNA and Waymo's robotaxis are coming to Uber
    Musk’s latest push toward turning Twitter into an actual town square. In the future, Ford’s next generation of EVs will be equipped with Tesla’s charge port, called the North American Charging Standard, starting in 2025. This will give them access to 12,000 Tesla Superchargers in the U.S. and Canada, which is double the number Ford customers currently have access to.  ( 14 min )
    Salesforce, Lululemon, Broadcom, Chewy, HP, and More Stocks to Watch This Week
    The market is closed on Monday for Memorial Day. Then, earnings reports, May jobs data, April JOLTS, consumer confidence, and manufacturing PMI.  ( 22 min )
    Republic Pushback on Debt Ceiling Agreement Could Lead to Market Volatility
    A tentative agreement between President Joe Biden and House Speaker Kevin McCarthy could lead to a stock market rally.  ( 17 min )
    A lawyer faces sanctions after he used ChatGPT to write a brief riddled with fake citations
    For one New York lawyer, the nightmare of losing a job to AI could become a reality sooner than expected, but not for the reasons you might think.  ( 6 min )
    Debt Deal Adds Brake on US Economy Already at Risk of Recession
    (Bloomberg) -- The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already burdened by the highest interest rates in decades and reduced access to credit.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Gear Up to Embrace Riskier Assets After Debt-Cap DealTexas AG Ken P  ( 8 min )
    State Farm will no longer insure new homes in California because of wildfire risks
    State Farm will no longer provide home insurance to new California customers because of wildfire risks and an increase in construction costs.  ( 6 min )
    Jobs report, AI hype in focus after debt ceiling deal: What to know this week
    Investors will have eyes on Friday's jobs report and what's next in the artificial intelligence led rally in stocks.  ( 11 min )
    Fed's Goolsbee says U.S. debt ceiling deal avoids 'extremely negative' consequences
    Chicago Federal Reserve Bank President Austan Goolsbee said on Sunday he won't 'prejudge' whether he would support an interest-rate hike at the upcoming Fed meeting in June, but noted that the full impact of the central bank's rate increases to date have yet to be felt. "We are going to get a lot of important data between now and then," Goolsbee told CBS's Face the Nation. "The actions that the Fed takes take months or even years to work their way through the system...  ( 5 min )
    Brazilian Households Default Grow Amid High Interest Rates
    (Bloomberg) -- Brazilians are struggling to pay their debts on time, with four out every ten adults facing default, as central bankers keep monetary policy tight in an effort to bring inflation back to their target. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valle  ( 6 min )
    The Bank of England has lost control of inflation – and we all face a terrible price
    Last week’s inflation figure was an absolute stinker. You could have been deceived into thinking that it was good news because the headline rate fell from 10.1pc to 8.7pc, but this drop was solely caused by last April's bumper increase in energy prices falling out of the annual comparison.  ( 9 min )
    Dow Jones Futures Loom: Debt-Ceiling Deal In Focus For AI-Led Market Rally
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    TipRanks ‘Perfect 10’ List: Ride the Tech Rebound With These 2 Top-Rated Stocks
    It’s safe to say that tech has been on the up recently. The spread of artificial intelligence (AI) has lit a fire under investors, and tech stocks have rallied some $4 trillion this year. The NASDAQ index, which is tech-heavy to begin with, gained 2.5% last week, and is up almost 25% since the onset of 2023, marking a turnaround from 2022’s bear market. By comparison, the S&P 500 is only up 9%, and the Dow has slipped slightly. The biggest winner in the tech rally so far is Nvidia. The company i  ( 11 min )
    US judge grants final approval to Apple’s $50 million ‘butterfly’ keyboard settlement
    A US judge gave final approval to a $50 million class-action settlement that will see payments sent out to users of older MacBook laptops.  ( 6 min )
    Minimum wage rises risk driving up the cost of groceries, says Aldi boss
    The boss of Aldi has warned Downing Street that increases in the minimum wage will drive up food prices for shoppers, as ministers race to tackle the cost of living crisis.  ( 7 min )
    Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
    (Bloomberg) -- Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about what the increase means for money markets.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking DownThe concern is that with a tentative deal  ( 7 min )
    How to Estimate Your Retirement Expenses (& Boost Your Retirement Income) Right Now
    Anticipating your retirement expenses is key to saving the right amount in 401(k)s, IRAs and more. Although getting exact figures might not be possible, projecting costs for healthcare, housing and lifestyle can help you create a realistic savings goal during … Continue reading → The post How to Estimate Your Expenses in Retirement appeared first on SmartAsset Blog.  ( 13 min )
    How Much Will It Cost Me to Retire in the United Kingdom?
    Numerous European countries are among the world's most attractive retirement destinations, and the United Kingdom (U.K.) is no exception. With its rustic villages, historic landmarks and lower cost of living, the U.K. can offer retirees the exact right amount of … Continue reading → The post How to Retire in the United Kingdom (UK) appeared first on SmartAsset Blog.  ( 10 min )
    What Are My Best Online Mutual Fund Investment Options?
    Mutual funds allow investors to diversify their portfolios by purchasing a broad range of assets in a single fund. Investors can buy mutual funds online directly through a fund provider, an investment company or an online brokerage. Here is how … Continue reading → The post How to Invest in Mutual Funds Online appeared first on SmartAsset Blog.  ( 9 min )
    How to Boost Your Retirement Income in Your 50s
    Regardless of when you start, saving for retirement is vital. Although most elderly Americans depend on Social Security to some degree, the average recipient collects only $1,691 per month – not enough money to live comfortably in most places. Your strategy for … Continue reading → The post How to Save for Retirement in Your 50s appeared first on SmartAsset Blog.  ( 10 min )
    4 Ways to Use Life Insurance Before You Die
    Inflation and rising interest rates have made saving difficult, especially if you're not in the top income bracket. Relentless monthly costs and unexpected expenses can put a hole in your budget and derail your savings efforts. And saving money on … Continue reading → The post How to Save Money on Low Income appeared first on SmartAsset Blog.  ( 8 min )
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    Would the US Really Mint a Trillion-Dollar Coin to Raise the Debt Ceiling?
    In January, the Treasury ran out of revenue to continue paying the government's bills. Ordinarily, when the Treasury needs to spend more money than it collects in taxes, it issues new bonds. However, as of last month it reached a … Continue reading → The post How Can A Trillion Dollar Coin Raise the Debt Ceiling? appeared first on SmartAsset Blog.  ( 11 min )
    Wall Street’s Next Big Play Is Garbage
    The green push by the U.S. and state governments is turning trash into treasure and boosting the firms that handle America’s garbage.  ( 28 min )
    Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
    (Bloomberg) -- Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the weekend to resolve a debt crisis that has battered risk sentiment in recent weeks.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking Down  ( 7 min )
    The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street
    (Bloomberg) -- A shakeup is brewing in the $1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes it or not.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking DownAs government defaults rise to a record in the developing wor  ( 8 min )
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    Most of us have fits and starts on our financial journeys. But in the end, it comes down to “prosaic prudence,” Jonathan Clements, a retirement expert says.  ( 10 min )
    Numbers taking US accountancy exams drop to lowest level in 17 years
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    US debt ceiling crisis: risks still lurk for China despite prospect of deal, analysts say
    A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market but there is still the risk of collateral damage, Chinese observers warned on the weekend. US President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle on Saturday on a deal that is believed to include a two-year debt limit increase and a cap on non-defence spending by the government. The agreement still needs the approval  ( 8 min )
    Chinese app factory Newborn Town has designs on Southeast Asia with many smaller platforms, flipping the TikTok model
    No content preview
    Tech Stock Rally Leaves Small-Caps in the Dust
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    The ‘ruthless’ axeman carving out a new future for Rolls-Royce
    Long before green energy became de rigueur, Rolls-Royce was exploring how to generate clean power.  ( 10 min )
    Pay Attention to Silicon Carbide Chips, Says Hedge Fund Manager
    The production of lithium is scaling up rapidly, alongside the establishment of lithium refineries like the one built by Tesla (TSLA), which CEO Elon Musk has referred to as a “license to print money.” These refineries offer the opportunity to process lower-grade lithium, which is more abundant, into batteries suitable for EVs. At the same time, hedge fund managers and analysts see promise in another aspect of powering EVs – silicon carbide chips. The electric vehicle (EV) revolution is gaining  ( 8 min )
    ISS backs Toyota shareholder proposal on climate disclosure
    Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change. The recommendation comes as Japan's largest company by market capitalisation faces pressure from green investors and climate activists which have criticised it for being slower than rivals to embrace all-battery electric vehicles (EVs). ISS in a report also said it regarded three of Toyota's four outside board director nominees as not truly independent.  ( 7 min )
    Gas Price Plunge Brings Relief to Europe After Energy Panic
    (Bloomberg) -- European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies before its invasion of Ukraine, helping to reverse a surge in inflation and bring relief to consumers.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEur  ( 8 min )
    ‘Elon Musk of Essex’ chased by suppliers as it lays off staff
    An electric lorry company run by the “Elon Musk of Essex” has been forced to fight off legal action over late payments as it lays off staff and seeks to raise new funding.  ( 7 min )
    US Jobs Report Is Set to Provide Some Solace to the Fed
    (Bloomberg) -- US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation.Most Read from BloombergWhite House, Republicans Reach Deal to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelEurope’s Economic Engine Is Breaking DownTexas AG Ken Paxton Impeached by Republican-Led State House‘Last of Us’ Multiplayer Video Game Faces Setbacks  ( 9 min )
    There’s a simple reason why inflation is persistently high
    Inflation fell less than expected in April. The UK’s consumer price index was 8.7pc higher last month than in April 2022, down from 10.1pc in March.  ( 9 min )
    Prepare for pain: Britain is hurtling towards a new crisis
    Bonds are meant to be boring. Investors buy them because they provide a predictable income stream. Pension funds buy them to hedge against their riskier bets. Prices and yields are usually dull and predictable - yet that is precisely the point.  ( 15 min )
    Stock Market Holidays 2023: Is Wall Street Closed For Memorial Day?
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    Analysis-Why a US debt deal may only provide short-term relief for markets
    Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets. U.S. President Joe Biden and top congressional Republican Kevin McCarthy on Saturday reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, two sources familiar with the negotiations said, potentially averting an economically destabilizing default. "This will be pretty good for the market," said Amo Sahota, director at KlarityFX, adding that it may give more reason for the U.S. Federal Reserve to feel confident about raising rates again.  ( 8 min )
    Biden, McCarthy Agree To Two-Year Deal To Raise Debt Ceiling
    In a major step toward averting the debt ceiling crisis, President Joe Biden and House Speaker Kevin McCarthy reached a tentative agreement to raise the national borrowing limit for two years.  ( 19 min )
    The Dollar Is Still King in Europe, and It’s Swaying Interest Rates
    The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S.  ( 28 min )
    Investors react to tentative US debt ceiling deal
    U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate, two sources familiar with the negotiations said on Saturday. Where there were the most distortions from the uncertainty was in the credit markets and in the Treasury bill market... I think on Tuesday, when the market reopens in the U.S., we should see those two distortions fixed.  ( 7 min )
    Debt-Ceiling Deal Avoids Default; Biden, Republicans Agree On Spending Caps
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    Saudi Arabia in talks to join China-based ‘Brics bank’
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Beleggers houden inflatiecijfers en Amerikaans schuldenplafond in de gaten
    Een vooruitblik op wat de financiële markten komende week te wachten staat: beleggers zullen vooral de inflatiecijfers uit verschillende Europese landen en het Amerikaanse schuldenplafond in de gaten houden. Qua bedrijfscijfers blijft het rustig.  ( 4 min )
    Minister Schreinemacher: Europese energietransitie niet mogelijk zonder China
    De Europese energietransitie is niet mogelijk zonder China. Dat stelt minister voor Buitenlandse Handel en Ontwikkelingssamenwerking Liesje Schreinemacher zondag. Europa probeert minder afhankelijk van het Aziatische land te worden. Maar moet het daarbij niet helemaal 'ontkoppelen', stelt de bewindsvrouw.  ( 4 min )
    Britse overheid werkt aan plan voor maximumprijzen voedsel
    De Britse regering werkt aan plannen om voor bepaalde basisproducten in de supermarkt een maximumprijs te stellen. Dat schrijft de Britse nieuwssite Sky News zondag op basis van regeringsbronnen. Supermarkten zouden op vrijwillige basis aan het plan kunnen meedoen.  ( 3 min )
    Eerste commerciële vlucht van Chinees passagiersvliegtuig geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Eerste vlucht met C919-vliegtuig van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een vliegtuig van het type C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagochtend van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond VS
    De Amerikaanse president Joe Biden heeft een voorlopig akkoord bereikt met de Republikeinen over verhoging van het schuldenplafond van de Amerikaanse overheid. Daarmee lijken de Verenigde Staten voorlopig uit de gevarenzone, maar het Congres moet nog wel over het akkoord stemmen.  ( 4 min )
    Eerste vlucht C919 van Chinese rivaal Boeing geslaagd
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel vloog zondagmorgen van Shanghai naar Peking.  ( 3 min )
    Biden en Republikeinen voorlopig akkoord over verhogen schuldenplafond
    De Amerikaanse president Joe Biden en de Republikeinse voorzitter van het Huis van Afgevaardigden Kevin McCarthy, hebben zaterdagavond (lokale tijd) een voorlopig akkoord bereikt over verhoging van het schuldenplafond van de Amerikaanse overheid. Daarmee lijkt de VS voorlopig uit de gevarenzone, maar het Congres moet nog wel over het akkoord stemmen.  ( 4 min )
    Eerste vlucht C919 van Chinese rivaal Boeing vertrokken
    Luchtvaartmaatschappij China Eastern Airlines heeft zondag de eerste commerciële vlucht uitgevoerd met een C919 van de Chinese vliegtuigbouwer Comac. Het toestel steeg even na 10.30 uur lokale tijd op vanaf het vliegveld in Shanghai, zo blijkt uit beelden van staatsomroep CCTV.  ( 3 min )
    Rusland verliest status als economische grootmacht
    De Russische economie verliest steeds meer terrein op het wereldtoneel. Moskou houdt het hoofd nog boven water vanwege de verkoop van olie en gas aan onder meer China. Maar op de lange termijn is dat niet houdbaar aangezien de oorlog in Oekraïne voorlopig niet voorbij is.  ( 5 min )

  • Open

    Gen Z Guide to Roth IRAs
    Gen Z has proven that they aren’t afraid to invest. Roth IRAs offer a tax-advantaged way to diversify their portfolios.  ( 23 min )
    Top Zoom Shareholders
    The top Zoom shareholders are Santiago Subotovsky, Ryan Azus, Janine Pelosi, Eric Yuan, Bin Yuan and Cathy Wang, and Li Ka-shing.  ( 21 min )
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    How To Read A T-Bill Quote
    Treasury bills, or "T-bills," are debt obligations issued by the U.S. government. Learning how to read the quotes is the first step to start trading.  ( 19 min )
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    How to Get the Best Deal Negotiating for a Used Car
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    5 Foreign Countries That Own the Most U.S. Debt
    The list of names and amounts of U.S. debt held by the five foreign countries that own the most and why.  ( 22 min )
    The Basics of Probability Density Function (PDF), With an Example
    Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.  ( 21 min )
    Using the Price to Earnings Ratio and PEG to Assess a Stock
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    Should I Buy a New Or Used Car?
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    Learn how the notional value of a futures contract is calculated and why you need to know how to do so.  ( 21 min )
    5 Money Market Account Misconceptions
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    Understanding Infrastructure Legislation
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    Top Cryptocurrency Stocks for Q2 2023
    Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.  ( 20 min )
    Few Homebuyers Looking To Move Out Of Town, Even Fewer Interested in Local Moves
    High mortgage rates and home prices are persuading more potential homebuyers to stay put for now.  ( 19 min )
    Shonda Rhimes’ ‘Queen Charlotte’ Most Watched On Netflix Now-Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 18 min )
    Term of the Week: AAA Credit Rating
    AAA is the highest possible credit rating that may be assigned to a debt issuer’s bonds by any of the major credit-rating agencies: Standard & Poor’s (S&P), Fitch, and Moody’s.  ( 19 min )
  • Open

    Top Zoom Shareholders
    The top Zoom shareholders are Santiago Subotovsky, Ryan Azus, Janine Pelosi, Eric Yuan, Bin Yuan and Cathy Wang, and Li Ka-shing.  ( 21 min )
    Nvidia is up 165% in 2023. Here's why its the clear winner in the AI race so far.
    Nvidia's role in powering the AI sector's vast ambitions means it will be a clear leader in the space for a long time, sources told Insider.  ( 8 min )
    The hype in AI stocks isn't a bubble yet, and little buy in from retail investors means there's room for more upside
    "There's not enough retail interest to indicate a bubble is forming, and there's a lot more room for retail investors to get involved in these names."  ( 7 min )
    Here’s Why Buying a Chunk of America Can Be an Inflation Hedge
    (Bloomberg) -- In an era of historic inflation, one alternative investment has been making its way into portfolios as a diversifier and potential hedge against stubborn price pressures: farmland.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyWorld’s Richest Man Throws In Towel on Beverly Hills HotelA $189 Airport Travel Hack Is No Longer Working Very WellDebt-Limit Talks Get More Time as US Treasury Pushes Back Deadline“  ( 8 min )
    Investors will still flock to US Treasurys in a default - but the crisis would make these alternatives more attractive down the line
    Default would be "one more piece of the puzzle where investors around the world say this is not a reliable leader of the international finance system."  ( 7 min )
    Warren Buffett slammed the last debt-ceiling crisis as a stupid waste of time - and called for the government's borrowing limit to be removed
    Warren Buffett warned in 2011 that failing to raise the debt ceiling might be the most idiotic move in the history of Congress.  ( 7 min )
    Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
    The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its first hotel in the U.S.  ( 28 min )
    How 401(k) Matching Works
    Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 25 min )
    Some investors see bargains in tentative US regional bank recovery
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Eighty-two percent of millennials worry AI will threaten their pay, survey says
    Investors believe AI is the latest tech revolution. Millennial workers are worried this will mean less pay for the same work.  ( 8 min )
    The New Rules for Business Travel to China
    From burner phones to inquisitive border agents, the WSJ has consulted experts on the do’s and don’ts in an era of heightened tensions.  ( 28 min )
    Saudi Arabia, Russia Ties Under Strain Over Oil-Production Cuts
    Tensions are rising between Saudi Arabia and Russia as Moscow keeps pumping large volumes of cheaper crude into the market, undermining Riyadh’s efforts to bolster energy prices.  ( 29 min )
    Debt-Ceiling Deal Is Close. Why Recession And Stock-Market Drop Will Follow.
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    Workers are feeling grim about their retirement prospects, study finds
    A Gallup poll found that expectations for a comfortable retirement are the most pessimistic they have been in over a decade.  ( 9 min )
    AI Stocks, Including Mobileye, Lead These 5 Names Near Buy Points
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    Can I Negotiate Financial Advisor Fees?
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    How to Make Money With Warren Buffet's Cigar Butt Investing Method
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    I Need Cash Now. Can I Transfer My IRA into a Savings Account?
    You can transfer your individual retirement account (IRA) to a savings account, but you may have to pay a penalty and income tax. Here's what you need to know. When you have a big expense to cover, you might ask … Continue reading → The post Can I Transfer My IRA into a Savings Account? appeared first on SmartAsset Blog.  ( 9 min )
    The Alarming Retirement Mistake Too Many Americans Are Making
    The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make Money Investing in Storage Units?
    Real estate offers myriad investment choices, from single-family homes to data centers. The ideal asset for you depends on factors such as your investment size and strategy. Over the past several decades, investors have diversified their portfolios by capitalizing on … Continue reading → The post How to Invest in Storage Units appeared first on SmartAsset Blog.  ( 10 min )
    Biden's Stock Buyback Tax Gets Pushback From Both Sides of the Aisle
    President Joe Biden has championed a substantial financial proposal in the latter half of his term: increasing taxes on businesses engaging in stock buybacks. This initiative aims to redirect corporate funds toward business expansion and job creation, instead of primarily … Continue reading → The post Biden's Stock Buyback Tax Gets Pushback appeared first on SmartAsset Blog.  ( 7 min )
    The workers getting rich off the AI revolution – while others lose their jobs
    While governments and top tech executives argue about artificial intelligence’s ability to trigger a global conflict, the humans actually working on the technology are busy fighting a war of wages.  ( 9 min )
    Top Cryptocurrency Stocks for Q2 2023
    Greenidge Generation Holdings, Robinhood Markets, and Applied Digital lead the cryptocurrency stock space for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Why is 2023's bank turmoil largely a West Coast thing?
    Investors are still betting against a number of banks in the western half of the country. Some of those lenders say their fundamental strengths are being overlooked.  ( 11 min )
    Costco CFO talks eggs, nuts and meat inflation
    Costco CFO Richard Galanti on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer.  ( 8 min )
    The Anti-Woke Presidential Candidate Who Wants to Crush ESG and Gut the Fed
    Wall Street veteran Vivek Ramaswamy has made issues from the fringes of finance central to his campaign for the Republican nomination.  ( 30 min )
    How AI Is Catapulting Nvidia Toward the $1 Trillion Club
    The company’s chips are leaders in processing the complex calculations driving the latest internet revolution.  ( 29 min )
    Democratic veterans from 2 decades of budget wars say the national debt isn’t worth holding the U.S. and global economy ‘hostage’
    The national debt is a real issue. A debt ceiling standoff that risks a default is the worst way to address it, experts say.  ( 12 min )
    Combative Consumers Change the Marketing Strategy for Target and Bud Light
    Many brands have long shrugged off criticism of their stands on social issues, but Target and Bud Light just proved that even huge corporations can be made to bend.  ( 29 min )
    Hyundai, LG partner to build $4.3 billion electric vehicle battery plant in Georgia
    Hyundai Motor Group and LG Energy Solution announced that they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in Georgia.  ( 8 min )
    Why Britain may have doomed itself by avoiding recession
    It was enough to send a chill through any voter. Speaking to Sky News, Jeremy Hunt was asked if he would be comfortable with interest rates reaching such a height that the economy tips into recession.  ( 9 min )
    Truss had it right – there’s only one way out of this mess
    When the bond markets dramatically turned on the UK in the wake of the disastrous mini-Budget last autumn, it prompted lengthy lectures on the crazy excesses of “Trussonomics”.  ( 8 min )
    France Just Got Another Warning Over Its Credit Rating
    (Bloomberg) -- The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur growth and reduce a crisis-swollen debt burden. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two Years‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeA $189 Airport Travel H  ( 6 min )
    What Milton Friedman Wrote to Otmar Issing at Creation of ECB
    (Bloomberg) -- When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago, he was greeted with a letter from one of the project’s leading skeptics.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Gear Up to Embrace Riskier Assets After Debt-Cap DealTexas AG Ken Paxton Impeached by Republican  ( 8 min )
    Dow jumps more than 300 points as Biden, McCarthy appear set to reach a deal to raise the US debt limit
    The Dow snapped a losing streak as investors headed into Memorial Day anticipating Washington will reach a deal to raise the debt ceiling.  ( 7 min )
    A Chinese Alternative to Bloomberg Terminals Quietly Limits Information Overseas
    E-commerce shopping trends and satellite images are no longer available to foreign users of Wind, clouding their view of the world’s second-largest economy.  ( 27 min )
    Marvell follows Nvidia's rally, surging 29% after chip maker cites AI as 'key growth driver'
    Nvidia stock skyrocketed this week, driving a fresh AI frenzy after reporting stellar earnings and strong guidance.  ( 7 min )
    Market Rally Gains Steam On AI Boom, Debt-Ceiling Deal 'Very Close'; Tesla Leads 9 Stocks Near Buy Points
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    Home affordability got even worse last month as the average payment on a new mortgage jumped
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    Nvidia's massive AI-fueled rally just helped power the stock market above a key level that suggests more upside ahead
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    Elizabeth Holmes to Report to Prison: A History of the WSJ Theranos Investigation
    Holmes’s downfall was triggered by these Wall Street Journal articles about the blood-testing company and its founder.  ( 24 min )
    Big Techs Become Even Bigger Winners. Shades of the Dot-Com Boom?
    Heavy concentration of gains recalls the excesses that preceded some epic market tumbles.  ( 22 min )
  • Open

    Senior is eindelijk echt welkom op de arbeidsmarkt
    Bedrijven gaan steeds vaker in zee met oudere werknemers vanwege de krapte op de arbeidsmarkt. "Er wordt veel breder gekeken naar kandidaten. Het is echt een enorm verschil met een aantal jaar geleden", zegt arbeidsmarktdeskundige Rob Witjes van het UWV.  ( 4 min )
    Lange rijen op Britse luchthavens door storing e-gates
    Passagiers die zaterdag arriveren op luchthavens in het Verenigd Koninkrijk hebben te maken met lange wachtrijen vanwege een storing bij de elektronische paspoortcontrole.  ( 3 min )
    Irak lanceert miljardenproject voor verbinding van zuidkust met Turkse grens
    De Iraakse overheid heeft zaterdag een project gelanceerd dat de belangrijke goederenhaven aan de zuidkust via spoor en wegen verbindt met de grens met Turkije. Het 17 miljard dollar kostende project moet de Iraakse economie helpen transformeren na decennia van oorlogen en conflicten in het land.  ( 4 min )
    Irak lanceert miljardenproject voor verbinding zuiden met Turkije
    De Iraakse overheid heeft zaterdag een project gelanceerd ter waarde van 17 miljard dollar voor de verbinding van een ​​belangrijke goederenhaven aan de zuidkust via spoor en wegen met de grens met Turkije. Het miljardenproject moet helpen bij het transformeren van de Iraakse economie na decennia van oorlog en conflict in het land.  ( 4 min )
    NU+ | Voor tv op de camping kunnen we nog steeds niet zonder de satelliet
    De zomer staat weer voor de deur, dus trekken Nederlanders de komende weken massaal hun caravan of camper uit de stalling om op vakantie te kunnen gaan. Een televisie behoort vaak tot de standaarduitrusting, maar tv kijken op de camping blijft een uitdaging.  ( 4 min )
    Onderzoek ECB: Klimaatverandering kan inflatie aanjagen
    Klimaatverandering kan de komende tien jaar de wereldwijde inflatie aan gaan jagen, bijvoorbeeld omdat voedselprijzen harder stijgen. Dat stelt de Europese Centrale Bank (ECB) op basis van nieuw onderzoek. Volgens de studie kan het jaarlijks om een stijging met meer dan 1 procentpunt gaan.  ( 3 min )
    VDL dreigt met intrekking bonus bij doorgaan stakingen Nedcar
    VDL dreigt met het intrekken van een bonus van 7.500 euro als de medewerkers van Nedcar doorgaan met staken. Dat blijkt uit een interne mededeling van Nedcar-directeur John van Soerland aan de medewerkers van de autofabriek in Born.  ( 4 min )
    Meeste Duitsers zijn sceptisch over digitale euro
    Een meerderheid van de Duitsers staat sceptisch tegen de eventuele komst van een digitale euro, waaraan wordt gewerkt door de Europese Centrale Bank (ECB). Dat blijkt uit een peiling die de Duitse branchevereniging voor banken heeft laten uitvoeren.  ( 3 min )
    Frankrijk opnieuw gewaarschuwd vanwege hoge staatsschuld
    Frankrijk heeft een nieuwe waarschuwing gekregen van een kredietbeoordelaar over zijn huishoudboekje. Het kleinere Europese kredietbeoordelingsbureau Scope heeft de zogeheten outlook voor de Franse kredietwaardigheid verlaagd naar negatief. Het bureau is met name bezorgd over de hoge staatsschuld van het land.  ( 3 min )
    Huishoudens en kleine bedrijven draaien op voor energieverbruik industrie
    De grootste energieverbruikers van Nederland betalen maar een heel klein deel van alle energiebelasting: minder dan 2,5 procent. Huishoudens en kleine bedrijven draaien op voor het merendeel van de belasting op stroom en aardgas, blijkt uit een analyse van NU.nl.  ( 7 min )
    Twitter stapt uit EU-akkoord dat desinformatie bestrijdt
    Twitter houdt zich niet langer aan een vrijwillige Europese gedragscode voor internetplatforms. Eurocommissaris Thierry Breton (Industrie) meldt op Twitter dat het sociale medium van Elon Musk uit de EU-overeenkomst is gestapt.  ( 3 min )
    CEO JPMorgan zegt nooit contact te hebben gehad met Jeffrey Epstein
    Jamie Dimon, CEO en bestuursvoorzitter van bankconcern JPMorgan Chase, heeft onder ede verklaard dat hij nooit contact heeft gehad met zedendelinquent Jeffrey Epstein. De zaak was door de Amerikaanse Maagdeneilanden en slachtoffers van Epstein aangespannen tegen het bedrijf.  ( 3 min )
    NU+ | Wordt er nog overboden? Jullie vragen over de woningmarkt beantwoord
    Via NUjij vroegen wij welke vragen jullie over de woningmarkt hebben. Onze economieverslaggever Tom van Gurp geeft hier antwoord op jullie prangendste vragen.  ( 6 min )
    Zo zet je extra geld opzij als je onzeker bent over het nieuwe pensioen
    Het nieuwe pensioen staat voor de deur. Dinsdag stemt de Eerste Kamer voor een hervorming van het pensioenstelsel. Dat stelsel brengt wat nieuwe onzekerheden met zich mee. Hoe kun je voor de zekerheid voor wat extra pensioen zorgen?  ( 6 min )
    Zware industrie verbruikt meeste energie, maar betaalt minste belasting
    De grootste energieverbruikers van Nederland betalen maar een heel klein deel van alle energiebelasting: minder dan 2,5 procent. Huishoudens en kleine bedrijven draaien op voor het merendeel van de belasting op stroom en aardgas, blijkt uit een analyse van NU.nl.  ( 7 min )
  • Open

    Shonda Rhimes’ ‘Queen Charlotte’ Is Most Watched Show On Netflix Right Now—Here’s Her Net Worth
    Shonda Rhimes' Show `Queen Charlotte' Most Watched on Netflix Right Now-Here's Her Net Worth  ( 1 min )

  • Open

    Short sellers who bet against Nvidia lost $2.2 billion in a single day amid the chip maker's stellar rally
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    State Farm Halts Home-Insurance Sales in California
    The move is a blow to the state’s efforts to maintain a vibrant market for homeowners in the wildfire-prone state.  ( 26 min )
    Genco Stock Is a Good Bet as Rising Shipping Rates Help Boost Dividend
    The stock is down 35% since Barron’s first recommended it. Here’s why it’s a good time to get in.  ( 23 min )
    The Fed could pop the AI bubble, and investors shouldn't chase the hype as financial conditions tighten, Bank of America says
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    Lordstown Motors and Atea Pharmaceuticals Stock See Action From Activist Investors
    Lordstown Motors’ former CEO Steve burns lowered his stake in the maker of electric trucks. Atea Pharmaceuticals is evaluating an M&A offer.  ( 22 min )
    Stock Market Action Plan For Deadline Week: Salesforce, Broadcom Earnings, May Payrolls
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    Oil, the Canadians, and Petrobras
    Readers weigh in on the prospects for oil and gas, a scenario for interest-rate hikes, and ChatGPT companies  ( 22 min )
    Nobel economist Paul Krugman says he's 'terrified' about the potential fallout from a US debt default - but isn't worried about credit downgrades
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    Big Lots Shares Drop to 30-Year Low
    The furniture and home-decor chain suspended its quarterly dividend amid declining sales and widening losses.  ( 26 min )
    Speculators Boost Yen Shorts to Most in a Year as Currency Slips
    (Bloomberg) -- Speculators ramped up their bearish stance on the yen to the highest in nearly a year as the currency extended its slide against the dollar with markets boosting bets on the Federal Reserve hiking rates.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economi  ( 7 min )
    Not Just Nvidia: These Are the Other Big Winners in the AI Chip Biz
    COVID-19 was hell for tech stock and chip manufacturers. But AI has now flipped the script. Here are the companies benefiting the most so far.  ( 9 min )
    Mark Zuckerberg, whose wealth has grown almost $47 billion this year, told staff to be ‘scrappier’ amid mass layoffs
    Meta has announced layoffs of 21,000 workers over the past year. But that's all part of Zuckerberg's push for greater efficiency.  ( 8 min )
    Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
    (Bloomberg) -- Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about when the US will run out of borrowing capacity become more pointed. What lies beyond is a bit troubling.Most Read from BloombergEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEmerging US Debt Deal Would Raise Limit, Cap Spending for Two Years  ( 9 min )
    Carl Icahn, a star corporate raider brought down to earth
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Why Our Exit In LRCX Stock Isn't Bothersome
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    Top CD Rates Today, May 26
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Arista Basks In The Glow Of Nvidia AI Outlook, Artificial Intelligence Stocks
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    AI Stocks Are Flying, but Don’t Call the Craze a Bubble
    Nvidia and other tech stocks have added billions of dollars in market value as the technology has boomed  ( 28 min )
    Conoco to Buy Full Control of Oil-Sands Site for $3 Billion, Thwarting Suncor
    (Bloomberg) -- ConocoPhillips exercised its right to acquire TotalEnergies SE’s 50% stake in the Surmont oil-sands field for as much as $3.33 billion, giving it full control of the Canadian operation and thwarting efforts by Suncor Energy Inc. to buy into the site.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Agai  ( 8 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 17 min )
    JPMorgan Jumps Into AI Craze With Robo Stock Picker
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    A secretive US hedge fund has likely notched a $5 billion gain on Nvidia stock this year as the AI boom rages on
    Jennison Associates' nearly 1% stake in Nvidia has ballooned in value from $3.4 billion to $8.6 billion this year, assuming it hasn't cashed out.  ( 7 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 17 min )
    Nasdaq Surges To New High As Debt Deal Nears; Auto Parts IPO Pops 12%
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    These Growth Stocks Seem Stalled. That May Be A Good Thing.
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    A worker making $100,000 in this economy ‘really struggles to live the American Dream,’ SoFi CEO says
    Many workers are graduating and “going to be in a hole and they can’t invest," Anthony Noto said.  ( 9 min )
    Four Stocks to Buy at the ‘End of an Era’ for Consumer Staples
    Stocks with any combination of durable volumes, attractive relative valuations, and some margin recovery are worth watching, a Wells Fargo analyst says.  ( 41 min )
    Treasury Bonds Just Sold Off. Buyers Should Be Salivating.
    When bond prices go down, yields go up. The 10-year Treasury note now yields 3.8%, up from a recent low of just over 3.3%.  ( 22 min )
    Not A Fan Of Oil But Enjoy The High Dividends Of Energy Stocks? Here Are 2 Renewable Energy Plays Yielding Up To 5.4%
    It’s no secret that oil companies have been gushing profits and cash flow. After all, when Big Oil reported financial results for 2022, President Joe Biden called the industry’s record profits “outrageous.” And that means these major oil producers can return a lot of cash to investors. For instance, Chevron Corp. announced a 6% increase to its quarterly dividend to $1.51 per share in January. At the current share price, the oil-producing giant offers an annual dividend yield of 3.8%. At ExxonMob  ( 9 min )
    Nvidia just added $200 billion to its market cap on AI hype - and the gold rush may just be getting started
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    Cathie Wood Defends ARKK’s Decision to Dump Nvidia, Citing Chip-Cycle Risks
    (Bloomberg) -- Cathie Wood defended her firm’s decision to bail on Nvidia Corp. before the chipmaker’s shares surged 160%, saying the computer-chip industry’s boom-bust cycle poses risks.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Employ  ( 8 min )
    AI Stocks: In Case You Missed Nvidia, Google Artificial Intelligence News
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    3 REITS With The Best Dividend Growth Rates Over The Past 5 Years
    If you’re an income investor, chances are good that you love having dividend stocks in your portfolio with dividends that grow precipitously over time. But not all dividend stocks have substantial dividend growth. It takes ongoing earnings growth to enable a company to continue raising its dividend without running into difficulty paying its shareholders. Take a look at three real estate investment trusts (REITs) that have had superb dividend growth over the past five years, putting them well ahe  ( 9 min )
    There's a New King in Chip ETFs After Record $805 Million Inflow
    (Bloomberg) -- With the artificial-intelligence hype sweeping across Wall Street, a massive inflow turned a popular ETF tracking chipmakers into the largest of its category.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces Setbacks at SonyEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeA $189 Airport Travel Hack Is No Longer Working Very WellThe iShares Semi  ( 8 min )
    Elon Musk says entrepreneurs are missing ‘tremendous’ opportunities in heavy industry
    The Tesla CEO bemoaned an "overallocation of talent towards apps on phones."  ( 8 min )
    Analyst Report: Duke Energy Corp.
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    Analyst Report: Autozone Inc.
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    Target Stocks Falls for the 7th Day After Earnings. Now Backlash to Its LGBTQ+ Merch Is Hitting Shares.
    The stock was on track for its lowest close since August 2020.  ( 22 min )
    A worker claimed racism cost her job. She won $11 million.
    The high-end Equinox gym claimed Röbynn Europe was fired for repeated tardiness. Europe alleged her firing was retaliation.  ( 7 min )
    The Cream Of The Crop: 5 Biotechs That Outrank Most Stocks
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    Meet ‘IndexGPT,’ the A.I. stock picker JPMorgan is developing that may put your ‘financial advisor out of business’
    JPMorgan has filed a trademark application for an A.I. software that can pick stocks—and much more.  ( 8 min )
    Market Update: MRVL, AZO, DUK, SPLK
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    Hoka to Reach $2 Billion in Sales ‘Soon’ as Deckers Remains Confident in Brand Growth
    CEO Dave Powers doubled down on the success of the company’s Hoka brand in a call with analysts on Thursday evening.  ( 8 min )
    What Costco’s Baskets Reveal About Consumer Finances
    The upper middle class is feeling the economic squeeze too.  ( 27 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
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    Wells Fargo Predicts up to 70% Rally for These 2 Stocks — Here’s Why They Have Solid Upside
    The US stock market is poised to end the week on a positive note, fueling optimism as the long holiday weekend approaches. This positive sentiment stems from the news that the White House and congressional Republicans are nearing the final stages of reaching an agreement to raise the government’s debt ceiling, which currently stands at $31.4 trillion. A successful debt ceiling bill would lay to rest fears that the US could default on debt obligations and avoid the risks such an event would bring  ( 10 min )
    Meta's layoffs leave some ex-employees feeling 'better about being done'
    Meta's latest round of layoffs are part of an initiative that has been cheered by investors, but left some former employees relieved to be done with their time at the social media giant.  ( 8 min )
    Mexico president eyes 'half' of Citi unit amid IPO plan
    Mexican President Andres Manuel Lopez Obrador on Friday said the government could acquire up to half of the Mexican unit of Citigroup after the U.S. bank announced plans this week to pursue an initial public offering of the business. Lopez Obrador, speaking at a press conference, noted that the bank had also said it wants the unit known as Banamex to have Mexican shareholders. Citi on Wednesday said it was planning an IPO for the Mexican unit, abandoning earlier plans for a sale, prompting Lopez Obrador to announce that the Mexican government could invest in Banamex and had up to $3 billion at its disposal.  ( 7 min )
    Yield-Hungry Investors Are Feasting on T-Bills
    Returns reach levels not seen in years, and the short-term U.S. securities offer liquidity with little risk, despite the battle over the debt ceiling.  ( 22 min )
    Nvidia Dusts Warren Buffett In Race To $1 Trillion
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    Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says
    (Bloomberg) -- Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his warning about a potential market downshift later this year. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First Republic Emplo  ( 8 min )
    After Bullish Report In March, Salesforce Stock Ramps Higher Ahead Of Results; 3 Security Software Stocks To Watch
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    Cathie Wood's ARK Invest sold most of its Nvidia stake just before the chipmaker kicked off a rally that added $585 billion in market value
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    Dow Jones Futures Fall: Nasdaq Jumps As Nvidia, Chip, AI Plays Soar, But Market Breadth Terrible
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  • Open

    Dow Jones Today: Index Up on Debt Ceiling Hopes
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  • Open

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    Dow Jones Today: Index Up on Debt Ceiling Hopes
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  • Open

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    Tesla volgens Duitse privacytoezichthouder getroffen door groot datalek
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    La Place keert via HEMA terug in het warenhuis
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    Gevaarlijk speelgoed en ongezonde spullen uit buitenland worden verboden
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 3 min )
    Verkoop van gevaarlijke spullen uit Aziatische webshops aan banden gelegd
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 3 min )
    Verkoop van gevaarlijke producten uit Aziatische webshops aan banden gelegd
    Consumenten moeten beter worden beschermd tegen goedkope spullen uit het buitenland die gevaarlijk of ongezond zijn. Minister Micky Adriaansens (Economische Zaken en Klimaat) kondigt daarom strenge regels aan: "Je kunt niet ver genoeg gaan om onveilige producten van de markt te krijgen en consumenten te beschermen."  ( 4 min )
    Cuba is te arm om genoeg voedsel te produceren, laat staan te importeren
    Cuba is steeds afhankelijker van de voedselproductie op het eiland, zei de Cubaanse minister Alejandro Gil van Economische Zaken tegen het nieuwe parlement. Door de belabberde economische situatie wordt het steeds lastiger om voedsel, brandstof en medicijnen te importeren. Maar ook de eigen landbouwproductie hapert.  ( 4 min )
    Elon Musks Neuralink mag gedachtenlezer op mensen gaan testen
    Neuralink heeft van de Amerikaanse medische toezichthouder FDA toestemming gekregen om een gedachtenlezer op mensen te testen. Het bedrijf van Elon Musk heeft een hersenimplantaat ontwikkeld waarmee het brein rechtstreeks kan communiceren met een computer.  ( 3 min )
    Dagen van de acceptgiro zijn na bijna vijftig jaar geteld
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    Honderden 0906-nummers verwijderd om misleiding aan te pakken
    Sinds de strengere regels voor 0906-nummers zijn er al 163 telefoonnummers onbruikbaar gemaakt. De komende weken trekt de toezichthouder er nog zo'n 250 in. Het gaat onder meer om telefoonnummers waarvan het voor de beller niet onmiddellijk duidelijk is dat het om een betaald nummer gaat.  ( 3 min )
    We moeten nog minimaal een jaar wachten op het échte 5G
    Drie jaar na de introductie van 5G in Nederland kunnen we nog steeds niet optimaal gebruikmaken van het snellere mobiele internet. Wat we nu hebben is een 4G-verbinding in een 5G-jasje. Het duurt nog minimaal een jaar voordat we het échte 5G kunnen gebruiken.  ( 4 min )
    Laatste dagen van de acceptgiro zijn na bijna vijftig jaar geteld
    Na bijna vijftig jaar trouwe dienst is de acceptgiro bezig aan zijn laatste dagen. In 2021 werd aangekondigd dat de stekker er op 1 juni van dit jaar definitief uitgaat. Voor wie toch nog wil betalen via papier, bestaan alternatieven.  ( 5 min )
  • Open

    Ford and Tesla to Partner on Electric Vehicle Charging
    Rival automakers Ford and Tesla announced a partnership to share 12,000 EV charging points, following a Biden Administration plan for American-made EV solutions.  ( 1 min )
    Marvell Technology Is the Latest Tech Firm to Benefit From AI
    Marvell Technology (MRVL) is the latest tech firm to say it is benefitting from the boom in artificial intelligence (AI), and shares skyrocketed on Friday after the company released its first-quarter earnings.  ( 1 min )
    Gap Posts a Surprising Profit as Margins Improve
    Gap reported an unexpected quarterly profit as restructuring efforts and lower costs boosted margins.  ( 1 min )
    Ulta Beauty Shares Sink as the Beauty Products Retailer Warns of Slowing Growth
    Ulta Beauty cut its operating margin outlook, and said its recent boom in growth will slow.  ( 1 min )

  • Open

    Are Today’s Mortgage Rates Up or Down? Making Sense of Conflicting Headlines
    Mortgage rates quoted in headlines can differ, which can cause confusion. Freddie Mac is the most recognized source for mortgage rates but Investopedia's mortgage rate data is published daily and represents a more timely and realistic snapshot of national and state-level rates.  ( 19 min )
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    Accounting is the process of recording, summarizing, and reporting financial transactions to oversight agencies, regulators, and the IRS.  ( 33 min )
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    Cum laude is a Latin term that translates to “with honor.” Magna cum laude means “with great honor,” and summa cum laude means “with the greatest honor."  ( 25 min )
    Decentralized Autonomous Organization (DAO): Definition, Purpose, and Example
    A decentralized autonomous organization (DAO) is a system developed to distribute decision-making, management, and entity ownership.  ( 25 min )
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    A performance appraisal is a regular review of an employee’s job performance and overall contribution to a company.  ( 22 min )
    Industrial Revolution Definition: History, Pros, and Cons
    The Industrial Revolution was a period of radical modernization and mechanization that began in Great Britain and spread to the United States.  ( 23 min )
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    Investopedia’s second-ever special edition print magazine, What To Do With $10,000, is on sale now. The new issue explores where to invest your cash and build wealth based on your individual financial goals.  ( 16 min )
    Top CD Rates Today, May 25
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Americans’ Retirement Savings Rise for Second Straight Quarter
    Average IRA, 401(k) and 403(b) balances rose in the first quarter of 2023, according to a Fidelity study of 44.5 million accounts, with Gen Z making the biggest gains.  ( 16 min )
    Dow Jones Today: Index Dips Despite AI Wave
    The value-oriented Dow Jones Industrial Average fell by 0.1%, or about 35 points, as investors brushed off debt-ceiling gridlock and piled into tech stocks.  ( 16 min )
    Risk: What It Means in Investing, How to Measure and Manage It
    Risk takes on many forms but is broadly categorized as the chance an outcome or investment's actual return will differ from the expected outcome or return.  ( 31 min )
    Delinquency vs. Default: What's the Difference?
    Find out more about loan delinquency, loan default, and the differences between a loan borrower defaulting and being delinquent on a loan.  ( 24 min )
    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
    U.S. equities were mixed on Thursday, May 25, 2023 as Nvidia's results and outlook helped send the Nasdaq and S&P 500 higher, while the Dow fell on growing concerns about a possible government default.  ( 16 min )
    What Is Dead Money?
    Dead money is a slang term for an investment that has failed to show any significant growth in value or substantial return for a protracted period.  ( 24 min )
    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
    Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.  ( 16 min )
    Fewer Than Half of Americans Expect to Afford a Comfortable Retirement
    Just 43% of non-retired Americans surveyed by Gallup said they expect they can afford a comfortable retirement.  ( 17 min )
    How to Pre-Qualify for a Loan
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    How to Get an Auto Equity Loan
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    Limited Inventory and Affordability Keep April Pending Home Sales Flat
    Pending home sales were unchanged in April from the previous month as high prices, rising mortgage rates and limited inventory keep the homebuying market in a slump.  ( 17 min )
    Home Definition
    A home is a person's permanent primary residence to which they return, or intend to return.  ( 21 min )
    When and Why Do Gold Prices Plummet?
    A wise investor is one who recognizes gold’s place in the market, without attaching too much or too little significance to it.  ( 25 min )
    What the National Debt Means to You
    The U.S. debt seems to grow every year. But how does national debt actually affect you?  ( 27 min )
    What Is a Co-Applicant? Definition, Example, Vs. Co-Signer
    A co-applicant is a second named person on a loan or other type of application.  ( 20 min )
    Market Failure: What It Is in Economics, Common Types, and Causes
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    What Is Brand Personality? How It Works and Examples
    Brand personality is a set of human characteristics attributed to a brand name that the consumer can relate to.  ( 27 min )
    All-Cash, All-Stock Offer: Defintion, Downsides, Alternatives
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    Fahrenheit Consortium Wins Auction for Crypto Lender Celsius' Assets
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    Listing Broker
    A listing broker or listing agent helps you list and sell your home. Learn what a listing broker does and when you might need one.  ( 22 min )
    Today's Mortgage Rates & Trends - May 25, 2023: Rates Falter
    The average mortgage rate on 30-year loans fell after eight straight days of growth, dropping 9 basis points, while 15-year average was also down, though it didn't fall as far.  ( 19 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Work Requirements Wouldn’t Dent Federal Budget
    For politicians looking to save taxpayers money, adding work requirements to Medicaid and other social programs would do next to nothing, according to analysis from the Congressional Budget Office.  ( 16 min )
    How to Make a Winning Long-Term Stock Pick
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    Roth IRA Required Minimum Distributions (RMDs)
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    Leveraged Buyout (LBO) Definition: How It Works, with Example
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    Nvidia Nears $1 Trillion In Market Capitalization
    Nvidia shares surged more than 20% Thursday to all-time highs, pushing the chipmaker’s market capitalization to a new record just shy of $1 trillion.  ( 15 min )
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    Mortgage Pipeline Definition
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    Economic Order Quantity: What Does It Mean and Who Is It Important For?
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    Supreme Court Rules Government Can't Keep Profits From Tax-Foreclosed Homes
    If your local government seizes your property and sells it at an auction over unpaid taxes, they’re no longer allowed to keep the profits, the Supreme Court ruled Thursday.  ( 16 min )
    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
    Accenture Federal Services has won a spot on a seven-year purchase agreement worth up to $2.6 billion in contracts to modernize IRS systems.  ( 16 min )
    What Is the Volume Price Trend (VPT) Trading Indicator?
    The volume price trend (VPT) indicator helps determine a security’s price direction and strength of price change.  ( 18 min )
    Ally Bank CD Rates: April 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )
    How the Sears Credit Card Works: Benefits and Rewards
    Sears offers several types of store cards, each with its own rewards and benefits programs.  ( 27 min )
    Unilateral Transfer: Meaning, Overview, Examples
    A unilateral transfer is a one-way transfer of money, goods, or services from one party to another such as government payments made to citizens.  ( 19 min )
    Why Structured Notes Might Not Be Right for You
    A structured note is a debt security issued by financial institutions. Discover why structured notes might not be the best option for an investor.  ( 24 min )
    Health Savings vs. Flexible Spending Account: What's the Difference?
    Here's what you need to know to choose between a health savings account (HSA) and a flexible savings account (FSA) to help with medical expenses.  ( 24 min )
    What You Need to Know About Capital Gains and Taxes
    Find out how your profits are taxed and what to consider when making investment decisions.  ( 21 min )
    Fitch Issues US Credit Warning over Debt Ceiling Delays
    Fitch doesn’t believe the U.S. will ultimately default, but debt negotiation delays show an ongoing risk to the nation’s creditworthiness.  ( 17 min )
    Supreme Court Case Challenges Governments' Ability To Sell Your House and Keep Profits
    Can the government foreclose on your house for unpaid taxes, sell it off, and keep all the profits? That’s now up to the Supreme Court.  ( 18 min )
    Top Cosmetics Stocks for Q2 2023
    Sally Beauty is the best value cosmetics stock, while e.l.f. Beauty leads the pack for fastest growth and most momentum.  ( 20 min )
    5 Things to Know Before Markets Open
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    Solar Energy Investment To Surpass Oil Spending For The First Time, IEA Says
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    National Debt: Definition, Impact, and Key Drivers
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  • Open

    U.S. Equities End Mixed on Nvidia News, Debt Ceiling Worries
    U.S. equities were mixed on Thursday, May 25, 2023 as Nvidia's results and outlook helped send the Nasdaq and S&P 500 higher, while the Dow fell on growing concerns about a possible government default.  ( 1 min )
    Dow Jones Today: Index Dips Despite AI Wave
    The value-oriented Dow Jones Industrial Average fell by 0.1%, or about 35 points, as investors brushed off debt-ceiling gridlock and piled into tech stocks.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares surged after the AI chipmaker posted a blowout revenue forecast and Fitch put the U.S. credit rating on watch as debt ceiling negotiations drag on. Here’s what investors need to know today.  ( 1 min )
  • Open

    Dollar Tree Cuts Its Outlook as Theft Hurts Profit
    Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.  ( 1 min )
    Nvidia Nears $1 Trillion In Market Capitalization
    Nvidia shares surged more than 20% Thursday to all-time highs, pushing the chipmaker’s market capitalization to a new record just shy of $1 trillion.  ( 1 min )
    Accenture Wins Spot on $2.6 Billion Agreement To Modernize IRS Systems
    Accenture Federal Services has won a spot on a seven-year purchase agreement worth up to $2.6 billion in contracts to modernize IRS systems.  ( 1 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 1 min )
  • Open

    Amazon Was the Rare AI and Cloud Play Left Out of the Nvidia Bump. Here’s Why.
    Amazon is the world's largest cloud-computing company. But investors ignored the stock on a day when many other plays were up sharply.  ( 23 min )
    Nvidia stock gained $184 billion in a day, vaulting it past Tesla. But a top analyst now calls it ‘priced for fantasy.’
    David Trainer, founder of investment research firm New Constructs, ran a model showing Nvidia stock is unlikely to reward future investors at this level.  ( 9 min )
    Marvell Stock Soars on AI Earnings Remarks
    The chip maker's CEO says that "AI has emerged as a key growth driver for Marvell."  ( 22 min )
    Paramount Global Controlling Shareholder Gets $125 Million Investment
    The cash infusion in Shari Redstone’s National Amusements comes weeks after Paramount cut its dividend, a key source of income for Redstone and her family.  ( 27 min )
    Chipmaker Marvell Beats Estimates, Calls AI 'A Key Growth Driver'
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    Workday Earnings, Revenue Top Estimates; Outlook In Line. WDAY Stock Jumps
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    Icahn Enterprises continues to tumble following Hindenburg short report, Bill Ackman's responses
    The business empire of corporate raider and activist investor Carl Icahn continues to tumble amid the fallout following a recent report from short-selling firm Hindenburg Research — and losses are accelerating as a longtime rival echoes the firm's allegations. In the report, published on May 2, Hindenburg claimed that Icahn Enterprises has been using inflated asset valuations. Based in Sunny Isles Beach, Florida, Icahn Enterprises has stakes in businesses ranging from food packaging and automotive to real estate and pharmaceuticals.  ( 8 min )
    US economy beats back 'dubious' recession fears after GDP, jobs data top expectations
    Despite fears of a recession, incoming data continues to point to an economy that's growing.  ( 7 min )
    Qualcomm: Why its stock, along with Nvidia, should get a boost from the AI boom, too
    Though the AI boom has massively benefited Nvidia, AI – and generative AI specifically – also marks a major opportunity for other chip companies like Qualcomm, the company's SVP of Product Management Ziad Asghar told Yahoo Finance Live.  ( 8 min )
    2 Stocks to Play the AI Boom, From Nvidia CEO’s Earnings Call Remarks
    On the company's earnings call, CEO Jensen Huang may have pointed to two good AI plays.  ( 30 min )
    What would happen to a Treasury bill after default? Six key questions
    The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as June 1. For holders of Treasury bills, notes and bonds, that raises uncertainty over whether the issues they hold will be affected, and what happens if the debt is not repaid or an interest payment is skipped. No. Treasuries do not have any cross default provisions so a skipped payment on one issue will not necessarily impact others.  ( 7 min )
    Nikola stock at risk of delisting, closes at all-time of low of 62 cents
    Nikola shares touched a 52 week low. The stock has closed under $1 for more than 30 consecutive business days and is at risk of being delisted.  ( 8 min )
    Nikola stock at risk of delisting, hits all-time of low of 60 cents
    Nikola shares touched a 52 week low. The stock is at risk of being delisted.  ( 7 min )
    Alibaba's Strategic Growth: Announces Plan to Hire 15,000 Despite Downsizing Reports
    Alibaba Group Holding Limited (NYSE: BABA) shared plans to hire 15,000 people in 2023, sharply contradicting reports of its layoff plans. The Chinese e-commerce platform voiced a requirement of 15,000 recruits for its six major business divisions. The company said it would recruit 3,000 university graduates. Also Read: Navigating Alibaba's Bumpy Road: Analyst Holds Positive, Adjusts Price Target Downward Alibaba snubbed reports of layoffs as "rumors" and said employee departures are part of the  ( 7 min )
    Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion Surge
    (Bloomberg) -- Cathie Wood’s flagship exchange-traded fund closed out its Nvidia Corp. stake in early January. Then, came the artificial intelligence frenzy that sent the stock and its big tech peers on a tear.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofFirs  ( 8 min )
    U.S. Treasury debt announcement signals to some June 1 is not 'X-date'
    Treasury's Bureau of Fiscal Management said it would auction $119 billion of 3-month and 6-month bills on Tuesday, with the sales formally settling two days later on June 1. According to research firm Wrightson ICAP, the bureau would not typically announce an upcoming sale "until it is certain that it has room under the debt ceiling for the new securities."  ( 7 min )
    The Best Investor You've Never Heard Of Is A Self-Made Billionaire Optometrist Inventor
    Meet Dr. Herbert Wertheim, the billionaire optometrist who Forbes hailed as “the greatest investor you’ve never heard of.” He quietly built a stock portfolio estimated at $4.6 billion. Affectionately known as Dr. Herbie, Wertheim has built his portfolio through traditional, time-tested investment strategies. By primarily investing through ordinary Fidelity Investments and Charles Schwab accounts, he has been able to steadily grow his wealth. Don't Miss: Why Jason Calacanis and Other Silicon Vall  ( 8 min )
    Biden, McCarthy Close to Deal on Debt Ceiling, According to Report
    President Joe Biden and House Speaker Kevin McCarthy are coming close to a deal on the debt ceiling, according to a report from Reuters that cited a person familiar with the matter. The Dow Jones  ( 25 min )
    Warren Buffett Makes Mistakes Too — This One Cost $11 Billion
    Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments. Buffett has acknowledged a costly “mistake” that impacted the conglomerate’s financials. Despite earning $42.5 billion in 2020, Buffett revealed in his annual letter to shareholders that the company had incurred a substantial loss of $11 billion because of an ill-fated acquisition. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Start  ( 8 min )
    There’s an AI war, and Nvidia is the only arms dealer: Analyst
    Shares of Nvidia ripped higher Thursday, as the company rides the AI wave.  ( 8 min )
    JPMorgan not renewing First Republic customers' personal credit lines -source
    The affected clients are being offered the option to transform their revolving credit lines into fixed-term loans at the same rate for a period of up to five years, the report said, adding First Republic is also asking customers if they would prefer to pay off their credit lines. First Republic's business model was to lure high net-worth customers with preferential rates on mortgages and loans.  ( 7 min )
    The Nasdaq Is About to Break Out Thanks to Nvidia. Here’s How High It Could Go.
    Thursday’s gain brings it closer to 13,000, the index’s recent peak in August and a level it hasn’t retuned to since.  ( 23 min )
    Nikola Stock Is Plunging. Could It Be Delisted?
    Shares of Nikola, a provider of electric vehicles and fuel-cell technology, are down more than 17% Thursday. There are a couple of reasons why, including the stock's own depressed price.  ( 22 min )
    Pratt & Whitney says India's Go First has no right over engines
    Pratt & Whitney has no engines currently available for India's Go First airline, which also has no rights over them, the counsel for the U.S. firm told a Delaware court on Thursday as the two companies engaged in a raging dispute over the supplies. The Indian airline has approached the Delaware court to enforce an arbitration order it won in Singapore against Pratt & Whitney, which it blames for its financial troubles and argues the U.S. firm failed to supply engines on time. Pratt says those claims are without merit.  ( 6 min )
    Carl Icahn's IEP slumps after old rival Ackman reignites feud
    Icahn Enterprises LP's stock tumbled as much as 24.7% to $18.03, deepening losses of more than 60% that were recorded following short-seller Hindenburg Research's scathing attack on the company three weeks ago. In a memorable clash a decade ago, the billionaire had shorted supplement company Herbalife, in which activist investor Icahn was a shareholder.  ( 7 min )
    Rivian Is If ‘Google and Toyota Had a Baby.’ That’s Good for the Stock.
    The EV upstart is on the right path, says one analyst.  ( 22 min )
    What's Going On With Stratasys Stock Today
    Stratasys, Ltd (NASDAQ: SSYS) stock is trading higher Thursday following Nano Dimension Ltd's (NASDAQ: NNDM) unsolicited special tender offer to acquire between 53% and 55% ownership of Stratasys. Nano Dimension proposed to acquire between 53% - 55% ownership of Stratasys for $18.00 per share in cash. Nano Dimension's all-cash special tender offer represents a premium of 26% to Stratasys' closing price of $14.26 as of March 3, 2023. Nano Dimension has been trying to woo Stratasys since at least  ( 7 min )
    Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours
    Once upon a time, retirement in America was referred to as "a three-legged stool." The first leg was your expected Social Security benefits, the second leg was your own personal savings and the third was something old-timers called a pension. … Continue reading → The post Thousands of Old Pensions Are Going Unclaimed. How to Find Out If One of Them Is Yours appeared first on SmartAsset Blog.  ( 8 min )
    Nvidia Short Sellers Lose $2.3 Billion in One Day as Stock Soars
    (Bloomberg) -- Traders betting against Nvidia Corp. suffered massive losses as the chipmaker’s stock surged to a record high after it forecasts sales that far surpassed the average analyst estimate. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseJPMorgan Tells 1,  ( 7 min )
    Intel Stock Sinks as Nvidia Pops
    Intel stock was falling sharply Thursday as investors sold shares of the tech company amid competitive concerns as Nvidia reported strong earnings. Intel (ticker: INTC) was the worst performer in the Dow Jones Industrial Avera  ( 25 min )
    Nvidia's Success Will Carry Some Chip Stocks But Not Intel and AMD
    Chipmaker Nvidia stunned analysts with its first quarter results which will have a knock-on effect on other stocks such as ASML, TSM and SMCI, but not AMD and Intel.  ( 18 min )
    Nvidia Stock Surge Is a Warning to Tesla—and Vice Versa
    The chip maker's incredible quarter—and share price gain—holds both promise and peril for another stock market darling.  ( 26 min )
    Icahn Enterprises Stock Continues to Drop. Bill Ackman Weighs In.
    A long-running feud between activist hedge fund managers Carl Icahn and Bill Ackman is revived as the latter tweets about the embattled shares of the former's investment vehicle.  ( 26 min )
    Nvidia stuns markets and signals how artificial intelligence will reshape technology sector
    Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. Late Wednesday the maker of graphics chips for gaming and artificial intelligence reported a quarterly profit of more than $2 billion and revenue of $7 billion, both exceeding Wall Street expectations. "It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s Christopher Rolland and Matt Myers wrote Thursday.  ( 8 min )
    Oil Falls as Russia Says OPEC+ to Hold Steady, Stronger Dollar
    (Bloomberg) -- Oil fell as the dollar strengthened and Russia played down the likelihood of OPEC+ cutting production further.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewWest Texas Intermedi  ( 7 min )
    Gen Z should never work from home if they want success—or love, NYU professor says
    He also claimed that work-life balance is a myth.  ( 8 min )
    Palantir, AMD, and Other AI Stocks Rally on Nvidia’s Earnings
    The chip maker's blowout guidance sent shares of other AI-exposed companies, such as Microsoft and Alphabet, higher.  ( 23 min )
    Carl Icahn's Power Play at Illumina: Potential Board Changes and Management Overhaul
    According to undisclosed sources, activist investor Carl Icahn is poised to secure enough shareholder support to place Andrew Teno, an Icahn nominee, to join the board of Illumina Inc (NASDAQ: ILMN). However, it should be noted that the tally has not yet been finalized, and shareholders still have the opportunity to modify their votes before the commencement of the company's annual shareholder meeting on Thursday, Reuters reported. Also Read: Carl Icahn Admits Making A Mistake On Bearish Bet, Sa  ( 7 min )
    Oil down 3% on “no new OPEC cut”; Russians speak for Saudis
    The Russians aren’t helping the price of oil — to the delight possibly of the West and the utter frustration likely of other producers within the OPEC+ alliance, not to mention market bulls. Crude prices tumbled some 3% Thursday after Russian Deputy Prime Minister Alexander Novak, who is also the nation’s de facto oil minister, said he expected no new steps from OPEC+ at its meeting on June 4. Given that Saudi Energy Minister Abdulaziz bin Salman had hinted just 24 hours earlier of the possibility of another round of production cuts at the meeting, Novak’s remarks meant only one thing — that the alliance will keep output unchanged.  ( 8 min )
    Dow Jones Falls After Surprise Drop In Jobless Claims; Nvidia Soars 25% On AI Chip Demand
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    Medtronic Slumps On Light Earnings Outlook; Announces $738 Million Buyout
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    McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
    (Bloomberg) -- Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit as the clock ticks down to the point when the Treasury runs out of cash.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill  ( 6 min )
    ‘We’re Going Up’: Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Stocks — Here’s Why You Should Follow
    The phrase ‘a recession is coming’ has attained a mantra-like quality in recent times, reflecting the prevailing belief that a downturn in the economy is imminent. However, taking a stance in opposition to the doom sayers, billionaire Steve Cohen is keeping an optimistic outlook. “I’m making a prognostication — we’re going up,” Cohen said recently. “I’m actually pretty bullish.” That might be a bold statement to make right now, but it’s not as if Cohen has had no success in taking the fearless r  ( 10 min )
    Hedge fund billionaire Bill Ackman goes for the jugular with his archrival Carl Icahn on the ropes, comparing his firm to the infamous implosion of Archegos
    Personal loans secured against the value of Icahn's ownership in his own investment firm could prove highly unstable, the Pershing Square founder warns.  ( 9 min )
    How Much Money Can I Make Before the IRS Considers My Hobby to be a Taxable Business?
    Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue Service (IRS) decides if the business is actually a hobby or not. If the IRS says it is, you … Continue reading → The post IRS Hobby vs. Business: What It Means for Taxes appeared first on SmartAsset Blog.  ( 9 min )
    Costco earnings preview: State of the consumer, potential membership price hike in focus
    Costco (COST) is set to report earnings Thursday after market close as consumers search for value offerings amid higher grocery prices and continue to move away from spending on big ticket items.  ( 8 min )
    First Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bust
    (Bloomberg) -- First Republic Bank made its name catering to wealthy clients across California and New York, reeling in many with unusually sweet mortgages that eventually doomed the firm.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘So  ( 9 min )
    XPeng Catches New Sell Rating. Things Are Bad and They’re Not Getting Better.
    Thursday, Barclays analyst Jiong Shao downgraded XPeng to Sell from Hold. His price target went to $6 a share from $8.  ( 22 min )
    Wall Street Is Rethinking Its Gloomy Outlook for Stock Market
    (Bloomberg) -- Stock market strategists and portfolio managers who expected equities to go nowhere in 2023 are changing their tune as their fears transform into the fear of missing out on a potential rally. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths  ( 8 min )
    Dollar Tree Stock Falls. ‘Elevated Shrink’ Leads to Profit Guidance Cut.
    The discount retailer posts first-quarter adjusted earnings of $1.47 a share, below analysts' expectations of $1.53.  ( 26 min )
    Nvidia stock explodes after 'guidance for the ages': What Wall Street is saying
    Nvidia cements its market darling status after blowout quarter and outlook.  ( 9 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofBill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges AnewSinc  ( 14 min )
    AI Darling Criticized for Product Delays, Founder Tom Siebel’s Micromanaging
    (Bloomberg) -- The AI hype cycle has birthed innumerable boosters. An unlikely member of this group is Silicon Valley billionaire Tom Siebel.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDeaths Soar on Everest After Record Number of Climbers Attempt SummitSinc  ( 14 min )
    Nasdaq futures surge as Nvidia soars: Stock market news today
    Stocks were mixed on Thursday morning as Nvidia led a tech rally despite debt ceiling concerns hanging over broader markets.  ( 8 min )
    3D printer maker Stratasys to merge with Desktop Metal in deal valued at $1.8 billion
    The transaction comes after Stratasys rejected multiple takeover offers from Nano Dimension Ltd, its largest shareholder with a 14.2% stake. Nano on Thursday launched a hostile $18.00 per share all-cash offer to boost its stake in Stratasys to between 53% and 55%. Desktop Metal stockholders will receive 0.123 ordinary shares of Stratasys for each share of Desktop Metal Class A common stock.  ( 7 min )
    Ford Stock Is Upgraded. What the Company Didn’t Say That Did It.
    Daiwa analyst Jairam Nathan upgrades shares of Ford to Hold from Sell. What the auto maker didn't say at its analyst event is the reason.  ( 22 min )
    UPDATE 2-Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as the medical device maker expects stronger dollar to continue dragging its sales down in international markets. Medtronic has warned of a delayed improvement in earnings this year as its costs continue to remain high despite restructuring efforts. It expects profit to be in the range of $5 per share to $5.10 per share for the fiscal year 2024, lower than analysts' estimates of $5.20 per share, according to Refinitiv IBES data.  ( 6 min )
    Medtronic forecasts annual profit below estimates as stronger dollar weighs
    Medtronic Plc beat Wall Street estimates for quarterly profit on Thursday, helped by a recovery in non-urgent surgical procedures that were delayed during the pandemic as well as strong demand for its heart and diabetes devices. Excluding items, the Dublin-based medical device maker reported a profit of $1.57 per share for the fourth quarter, slightly above analysts' average estimate of $1.56 per share, according to Refinitiv IBES data.  ( 6 min )
    White House, Republicans seek to close US debt-ceiling deal as deadline nears
    The White House and congressional Republicans on Thursday are expected to resume negotiations on a deal to raise the government's $31.4 trillion debt ceiling, with as little as a week remaining until a potential economically catastrophic default. Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy are at odds over spending, taxes and work requirements for anti-poverty programs. "We'll continue to work through this, try to get a solution," McCarthy, the top Republican in Congress, told reporters after his negotiators returned from a four-hour White House meeting on Wednesday.  ( 7 min )
    These Stocks Are Moving the Most Today: Nvidia, AMD, Snowflake, Splunk, UiPath, American Eagle Outfitters, and More
    Nvidia issues a bullish sales forecast for its fiscal second quarter and the stock soars, Snowflake slashes its revenue outlook, and Splunk's adjusted earnings easily top estimates.  ( 23 min )
    ‘I’ve never saved a dime’: Shark Tank’s Barbara Corcoran has spent her millions—including giving half of it away
    The Shark Tank star said she got her spending philosophy from her mother—and it's served the real estate titan well.  ( 8 min )
    TD, RBC miss profit estimates as bad loan provisions rise; CIBC beats
    Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the lender into building higher provisions to prepare for more borrowers falling behind on their loan repayments. Net income fell 14% to C$3.65 billion ($2.70 billion) or C$2.58 per share for the three months ended April 30, compared with C$4.25 billion, or C$2.96 per share, a year earlier.  ( 6 min )
    Snowflake Plunges as Sales Forecast Miss Signals Cloud Woes
    (Bloomberg) -- Snowflake Inc. gave a sales outlook for the current quarter that fell short of expectations, suggesting that many companies are trimming their spending for cloud software amid uncertain economic conditions. The shares declined more than 12% in extended trading.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Bigges  ( 7 min )
    Nvidia Earnings Spark Huge AI Stock Rally. The Hype Keeps Building.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    A Cheaper Way to Bet on AI Than Investing in Nvidia
    Nvidia shares jumped after it forecast a revenue tailwind from the artificial-intelligence race, but if you don’t want to shell out for the expensive stock, there are other options.  ( 27 min )
    China Equity Rout Deepens as Traders Rush to Sell Before Holiday
    (Bloomberg) -- Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings from electric-vehicle maker XPeng Inc. spurring a selloff in automobile shares.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car Roof  ( 8 min )
    Nvidia is on track to break a stock market record held by Apple in the US
    Chipmaker Nvidia’s upbeat earnings gave its stock a boost unprecedented in the company’s history and in the history of the US stock market.  ( 8 min )
    Nvidia surges past $900bn market value after forecast surprise—but its CEO warns Biden’s chip controls have the industry’s ‘hands tied’
    Nvidia shares jumped almost 25% in extended trading after the chipmaker gave a revenue forecast 50% higher than analyst estimates.  ( 9 min )
    Netflix’s Password Crackdown Has Put Me in a Tough Spot. Who’s Going to Pay for My 3 Adult Children?
    Netflix's new "paid sharing" policy could boost revenue and improve profits. But it's a big headache for parents with adult children.  ( 22 min )
    China Warnings Flash Across Global Markets as Growth Disappoints
    (Bloomberg) -- China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity prices and weakening equity markets.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out and  ( 8 min )
    Icahn vs. Illumina: The CEO’s Job—and Icahn’s Reputation—Are on the Line
    Activist investor Carl Icahn is seeking to unseat Illumina’s chairman and its CEO, and put three of his own people on the company’s board.  ( 22 min )
    Nvidia Set to Beat Apple for Record Single-Day Market Value Gain
    (Bloomberg) -- Nvidia Corp. may be poised for a record one-day jump in value for a US company after it raised its outlook on voracious demand for chips used in artificial intelligence applications.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17US Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Out a  ( 7 min )
    Why are you suddenly being asked to tip more? It could be because workers are getting more expensive.
    In addition to waiters, baristas, and drivers, Americans are wondering why they're being asked to tip at fast food restaurants and self-checkout.  ( 8 min )
    Russia is the real threat to Saudi Arabia as Moscow targets key oil market, veteran analyst says
    No content preview
    Twitter almost blew its big moment as ‘melting’ servers and decimated staff struggled to keep the lights on for DeSantis announcement
    Elon Musk blames overloaded servers for Twitter Spaces crashing while Florida governor Ron DeSantis announces his presidential run on the platform's live audio feature.  ( 7 min )
    Nvidia Ignites AI Chip Stock Rally After ‘Blow-Out’ Forecast
    (Bloomberg) -- Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent a complex of stocks tied to the burgeoning technology soaring. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends  ( 7 min )
    Nvidia sees “two simultaneous transitions” in tech—and investors are psyched
    With companies like Google and Microsoft racing to integrate artificial intelligence into their services, there’s already one clear winner: Nvidia, which makes the chips powering the AI boom.  ( 7 min )
    ‘Yesterday’s Losers, Tomorrow’s Winners’: Goldman Sachs Says These 2 Energy Stocks Are Poised for a Turnaround
    In physics, gravitation dictates that what goes up must come down. The stock market, however, is a bit less predictable. Stocks can follow the crowd, buck the market’s trend, or just mosey along. This year, energy stocks are bringing up the bottom of the pack, underperforming the broader markets. However, it’s worth noting that what goes down can still come back up. In this regard, the investment giant Goldman Sachs has been identifying energy stocks that are primed to recoup their losses — and  ( 11 min )
  • Open

    DNB-president Knot wil dat ECB de rente tot en met juli blijft verhogen
    De Europese Centrale Bank (ECB) zal de rentetarieven in de eurozone ook in juni en juli nog moeten verhogen om de hoge inflatie onder controle te krijgen. De inflatie blijkt namelijk hardnekkiger dan verwacht, benadrukt president Klaas Knot van De Nederlandsche Bank (DNB) in een interview met vier grote Europese kranten.  ( 4 min )
    Personeel van autofabriek Nedcar gaat weer staken
    Medewerkers van de Nedcar-autofabriek in het Limburgse Born gaan volgende week weer staken. Ze hebben een bod voor een sociaal plan van eigenaar VDL afgewezen.  ( 3 min )
    Gasprijs in duikvlucht: gas is al twaalf keer zo goedkoop als vorige zomer
    De marktprijs voor gas blijft maar dalen en is donderdag gezakt naar 25 euro per megawattuur. Dat is vier keer zo laag als begin dit jaar en zelfs twaalf keer lager dan in augustus 2022. Uiteindelijk zien we dat ook terug op de energierekening.  ( 4 min )
    Explainer | Hoe Europa gezamenlijk de gasprijs omlaag duwt
    De gasprijs blijft de laatste maanden maar dalen. Die daling heeft meerdere oorzaken. Nieuw is dat EU-landen, samen met een aantal andere Europese landen, gezamenlijk gas kunnen inkopen. Dat werkt zo.  ( 3 min )
    ECB wil dat EU-landen energiesteun afschaffen om hoge inflatie tegen te gaan
    EU-lidstaten zouden hun steunmaatregelen die zijn bedoeld als compensatie voor de hoge energieprijzen moeten afbouwen. Zo kunnen de nationale overheden de hoge inflatie tegengaan, zegt beleidsmaker François Villeroy de Galhau van de Europese Centrale Bank (ECB).  ( 3 min )
    Duitsland belandt in recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Energierekening ietsje lager door daling transportkosten
    De energierekening wordt komend jaar een stukje goedkoper door dalende tarieven voor gastransport. Die tarieven moeten 20 procent omlaag, heeft toezichthouder ACM besloten. En dat zorgt voor een besparing van maximaal 5 procent op de energierekening.  ( 3 min )
    Maker Philips-tv's is nieuwe mouwsponsor van FC Barcelona
    Ambilight TV prijkt vanaf komend weekend op de mouwen van de spelers van FC Barcelona. De sponsoruiting is afkomstig van TP Vision, het bedrijf dat tv's voor Philips maakt.  ( 2 min )
    EU wil 200 miljard euro aan bevroren Russische tegoeden investeren in Oekraïne
    Sinds de oorlog in Oekraïne is in de Europese Unie ruim 200 miljard euro aan Russische tegoeden bevroren. Europa wil dat geld losweken voor de wederopbouw van Oekraïne.  ( 3 min )
    Veel kantoren voldoen niet aan energienorm, maar boetes blijven nog uit
    Hoewel alle kantoren sinds 1 januari minstens energielabel C moeten hebben, zijn er door het hele land nog duizenden gebouwen die niet aan die plicht voldoen. De eerste waarschuwingsbrieven vliegen de deur uit, maar handhaving is lang niet overal even streng.  ( 7 min )
    Bedrijven investeren nog altijd 1.000 miljard dollar in fossiele projecten
    Bedrijven investeren dit jaar wereldwijd voor zo'n 1.000 miljard dollar (ongeveer 930 miljard euro) in projecten voor fossiele energie. Vooral staatsbedrijven in het Midden-Oosten schroeven hun investeringen op. Dat berekende het internationaal energieagentschap IEA.  ( 4 min )
    Google maakt Android-spelletjes speelbaar op Windows-computers
    Ruim honderd spelletjes voor Android-smartphones zijn vanaf vandaag ook speelbaar op Windows-computers. Google heeft de software waarmee dit mogelijk is nu ook uitgebracht in Europa. Volgens het techbedrijf gaat het nog om een test.  ( 3 min )
    Transavia schrapt in juli en augustus opnieuw ruim tweehonderd vluchten
    Transavia schrapt in juli en augustus 210 vluchten vanwege een tekort aan vliegtuigen. Het merendeel van de betreffende reizigers is inmiddels omgeboekt, meldt de luchtvaartmaatschappij donderdag.  ( 3 min )
    Leraren dreigen met stakingen als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden hebben een ultimatum aan het kabinet gesteld dat 16 juni verloopt. Daarin eisen ze een loonsverhoging van 12 procent.  ( 4 min )
    Duitse huishoudens geven minder uit wat leidt tot recessie
    De Duitse economie is in een recessie terechtgekomen. De grootste Europese economie kromp twee kwartalen achter elkaar. Dit komt vooral door huishoudens die minder geld uitgeven.  ( 3 min )
    Leraren dreigen met staken als er geen hoger loon komt
    Vakbonden in het onderwijs dreigen met acties en stakingen als het kabinet niet met extra loon over de brug komt. De bonden stellen een ultimatum aan het kabinet dat 16 juni verloopt en daarin eisen ze een loonsverhoging van 12 procent. Komt die verhoging er niet, dan dreigen ze met acties in het volgende schooljaar.  ( 3 min )
    Vrachtschip vaart weer na enkele uren vastgelopen te zijn in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Opnieuw groot vrachtschip vastgelopen in Suezkanaal
    In het druk bevaren Suezkanaal is donderdagochtend opnieuw een schip vastgelopen. Het gaat om het vrachtschip Xin Hai Tong 23, dat een tijdje schuin in het kanaal lag. Daardoor kon ander scheepvaartverkeer er niet langs. Inmiddels is het schip door sleepboten losgetrokken.  ( 3 min )
    Slaaptrein naar Berlijn gaat van start na lange zoektocht naar wagons
    Vanaf donderdag rijdt voor het eerst sinds 2014 weer een reguliere slaaptrein tussen Amsterdam en Berlijn. De Nederlandse start-up European Sleeper heeft na een lange zoektocht genoeg rijtuigen gevonden om mee naar de Duitse hoofdstad te rijden.  ( 5 min )

  • Open

    McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
    (Bloomberg) -- House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to avert a potentially catastrophic default didn’t mollify analysts as the US was put on a ratings watch late Wednesday. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers  ( 8 min )
    Xi Remade China's Tech Industry in His Own Image With Crackdown
    (Bloomberg) -- Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy in his own image. After over a decade in power, an intensifying struggle for tech leadership with the US and a sputtering domestic economy suggest he'll have to once again recalibrate the country's giant internet and manufacturing sectors.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksMcCarthy Says GOP and White House ‘Have Time’ to Reach Debt  ( 11 min )
    Nvidia's results spark nearly $300 billion rally in AI stocks
    Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost $300 billion in market capitalization after chipmaker Nvidia Corp forecast strong revenue growth and said it was boosting production of its AI chips to meet surging demand. Nvidia's stock zoomed as much as 28% after the bell to trade at $391.50, its highest level ever. "With all the enthusiasm around AI and the fact Nvidia delivered a huge beat for first-quarter results and second-quarter estimates, this gives some actual evidence AI is for real," said Daniel Morgan, senior portfolio manager at Synovus Trust in Atlanta.  ( 7 min )
    'BudLighted': Target is latest to face boycott calls over support for the LGBTQ+ community
    “BudLighting” is a strategy of branding companies as “woke” and calling for boycotts over everything from gender-inclusive swimwear to Bud Light beer.  ( 9 min )
    Ackman calls out Icahn's IEP over high premium after Hindenburg report
    The billionaire investor said in a tweet on Wednesday that he was "fascinated" by the situation between the short seller and Icahn Enterprises, while noting that the company's premium had been sustained by a large dividend yield. "The yield is generated by returning capital to outside shareholders, which is in turn funded by the company selling stock to investors," Ackman said, adding the system is highly dependent on the "maintenance of the premium and the placidity of Icahn's margin lender(s)". Bill Ackman declined to comment beyond his tweet.  ( 7 min )
    UiPath Shares Tumble as July Quarter Outlook Disappoints
    The provider of business automation software cautions that results could be affected by a recent reorganization of its sales team.  ( 22 min )
    Nvidia Shares Leap 20% on Record Data Center Revenue
    Nvidia shares jumped in extended trading on Wednesday after the company beat earnings expectations and said there was a surge in demand for its AI products.  ( 16 min )
    Dow Jones Futures: Nvidia Surges Late On Blowout Earnings, Guidance; Other AI Stocks Rally
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    Nvidia Poised for Record Sales as AI Demand Kicks In
    The graphics-chip giant forecast a strong revenue bounce back for the current quarter, driven by growing appetite for generative AI technology.  ( 28 min )
    Verizon warns customer service employees of impending layoffs- The Verge
    More details will be shared by Verizon on May 25, the report said, citing a prerecorded message that employees received. A demand downturn on account of elevated inflation and rising interest rates has forced several U.S. companies ranging from Meta Platforms Inc to Alphabet Inc to lay off thousands of their employees. Verizon in April had missed its first-quarter revenue and free cash flow estimates, hit by wireless subscriber losses as inflation-hit Americans delayed device upgrades and a pandemic-led growth boom fizzled out.  ( 7 min )
    Retirement Crisis: Older Americans Struggle to Afford Life After Work
    Rethink that retirement party. More and more, seasoned workers are defying expectations and staying put in the workforce for a compelling reason-they simply can't afford to retire. That's the finding from a new study by Korn Ferry that found that … Continue reading → The post Retirement Crisis: Older Americans Struggle to Afford Life After Work appeared first on SmartAsset Blog.  ( 8 min )
    Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
    (Bloomberg) -- Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and suggested shares have room to fall after tumbling to the lowest levels since 2009.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksLula Lashes Out and Sends Warning to Central Bankers EverywhereWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutRussian Wagner Chief Blasts Outcome of Putin’s Ukraine War GoalsWorld’s Biggest Nuc  ( 7 min )
    3D Printer Company Stratasys Is in Talks to Merge with Alphabet-Backed Desktop Metal
    (Bloomberg) -- Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofUS Equities Pare Losses as Debt-Talks Resume: Markets WrapRussian Wagner  ( 7 min )
    Snowflake Shares Melt as Outlook Disappoints
    While results for the quarter ending in April were solid, the company provided a disappointing outlook for the July quarter, and reduced its full-year view.  ( 22 min )
    AI Chipmaker Nvidia Smashes Quarterly Estimates On Strong Data-Center Sales
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    Snowflake Stock Plunges On Weak Outlook Amid Slower Cloud Computing Growth
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    Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
    Nvidia Corp on Wednesday forecast second-quarter revenue above Wall Street estimates, as the growing popularity of artificial intelligence drives demand for its chips used in powering the technology at big data centers. The company forecast current-quarter revenue of $11 billion, plus or minus 2%. Analysts polled by Refinitiv expect revenue to be $7.15 billion.  ( 6 min )
    Biden administration urges Supreme Court not to hear Apple-Caltech patent case
    The U.S. solicitor general on Tuesday urged the U.S. Supreme Court to reject an appeal by Apple Inc and Broadcom Inc stemming from their $1.1 billion trial loss to the California Institute of Technology in a patent infringement case. Solicitor General Elizabeth Prelogar said the U.S. Court of Appeals for the Federal Circuit was correct when it ruled last year that the companies could not seek to invalidate Caltech's patents in court after Apple failed to raise its invalidity arguments at the U.S. Patent Office.  ( 7 min )
    Bud Light Controversy Spreads to Target, Sending the Stock Lower
    The retailer says employees have received threats since its Pride Month collection was introduced.  ( 22 min )
    Stocks Remain Lower After Fed Minutes. Future of Rate Hikes Uncertain.
    Stocks remained lower Wednesday after minutes from the Federal Reserve's latest meeting showed that several participants were open to pausing interest-rate hikes. The Dow Jones Industrial Average was down 230 points, or 0.7%. The S&P 500 fell 0.7%, and the Nasdaq Composite dropped 0.8%. Minutes fr  ( 24 min )
    How much do I need to retire? A guide to financially making the most of your golden years
    Here's how you can set yourself up financially to make the most out of your post-career years.  ( 8 min )
    Investors Should Prepare for Dividend Stock Rebound, Goldman Strategists Say
    (Bloomberg) -- Companies that pay rich dividends have been stock-market laggards this year as investors piled into growth-oriented tech giants — but that’s about to change, according to Goldman Sachs.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLula Lashes Ou  ( 7 min )
    We're entering a brutal new era for the housing market
    The brutal truth about the housing market's new Ice Age: If you don't already own a home, you're going to be screwed for years to come.  ( 11 min )
    Debt-Ceiling Fear Sends Yields on At Risk T-Bills Above 7%
    (Bloomberg) -- The deadlock in debt-ceiling negotiations is adding to default concern around a number soon-to-mature Treasury bills and also starting to dent investors' appetite for risk more broadly.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and S  ( 8 min )
    AB InBev Stock Falls Again as Bud Light Controversy Continues to Exact a Toll
    The stock is on pace for its worst month in nearly two years.  ( 22 min )
    Nvidia Q1 earnings: AI to power data center, as gaming continues to struggle
    Nvidia will report its Q1 earnings after the bell Wednesday.  ( 8 min )
    The most predicted recession ever maybe won’t happen. Get ready for the ‘asset class recession’
    An asset class recession would hit at a uniquely vulnerable time, as the share of Americans invested in stocks hasn’t been so high since the Great Financial Crisis.  ( 9 min )
    Janet Yellen Warns It Is ‘Almost Certain’ U.S. Would Miss Payments in Early June
    The Treasury secretary says her agency isn’t getting ready for a potential debt default.  ( 27 min )
    Elon Musk Bought This $50,000 Tiny Home To Use As A Guest House, Now A REIT Will Use It To Build Affordable Housing Communities
    Billionaires usually shop for grand mansions, but Elon Musk is not the usual billionaire. In 2022, the Tesla Inc. CEO made headlines by revealing that he owns a tiny home made by Boxabl, a company that specializes in making prefabricated modular housing units. Musk said he uses the tiny home as a guest house. But the unit, called the Casita, comes with plenty of features, including a full-size bathroom, kitchen, appliances, tall ceilings and big windows. Coming in at 361 square feet, the Casita  ( 8 min )
    Dow Jones Drops On McCarthy, Yellen Comments; Tesla Rival Falls On China Demand
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    Biden Administration Paying Americans Thousands of Dollars to Upgrade Their Homes
    On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions of dollars to Americans looking to upgrade their homes, businesses and cars. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families One provision of the law allows Americans making less than $150,000 a year to claim a $7,500 tax credit for buying an electric car. The law also provides $9 billion in rebates to help people ele  ( 7 min )
    XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2
    Chinese pure-play electric vehicle maker XPeng reported a steep drop in sales in the first quarter, likely due to increased competition in the tight Chinese EV market, and an uneven recovery in the China following its lifting of COVID-19 protocols.  ( 8 min )
    Agilent CEO Sees Demand From Small Biotech Nearly ‘Shut Down.’ The Stock Tumbles.
    Analysts downgraded the laboratory instruments maker's stock after it trimmed its profit outlook for the year on a loss of demand.  ( 22 min )
    Nvidia and Meta Have Soared. Now It’s Amazon’s Turn.
    The stock has done well, but it hasn't gotten the narrative boost that some other big tech stocks have.  ( 22 min )
    Wall Street could be just 2 weeks away from a giant market crash, says ‘Dr. Doom,’ who predicted the 2008 crash
    Negotiators have failed to reach a deal so far despite a “hard deadline” looming.  ( 7 min )
    PacWest's latest bid to restore investor confidence
    The California regional lender sold assets of a real estate lending business, its second transaction announced this week.  ( 7 min )
    Meta's ‘Efficiency’ Layoffs Take a Toll on Employee Productivity
    (Bloomberg) -- Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company’s business departments. Now, remaining staff are hoping an uncomfortable limbo at the company can end.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Sl  ( 8 min )
    Wells Fargo Says Buy These 2 High-Yield Dividend Stocks — Including One With 17% Yield
    With EPS beats surpassing misses by a rather normal 4:1 ratio, 1Q23 earnings have been characterized as ‘better-than-feared.’ That said, since the Q1 earnings season began, the S&P 500’s returns have not been particularly impressive. This suggests to Wells Fargo equity analyst Christopher Harvey that rather than being boosted by earnings/fundamentals, the gains accrued so far this year have been driven mostly by “funding and liquidity.” And if that is the case, the omens are not great. “If credi  ( 10 min )
    PTC Therapeutics' Barrage Of Bad News Is Good News For Rival Reata Pharmaceuticals — Here's Why
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    Stocks slide with debt talks, Fed minutes in focus: Stock market news today
    US stock futures slipped on Wednesday morning as investors fretted over a potential US debt default and braced for the release of minutes later from the Federal Reserve's policy meeting in May.  ( 8 min )
    Dividend Stocks Are a Victim of AI’s Success. It’s Time to Buy.
    Dividend-paying stocks are taking it on the chin as investors bet big on an artificial-intelligence boom spurred by ChatGPT. What to buy now.  ( 22 min )
    Debt Ceiling Negotiations Expected to Resume Wednesday Morning
    Negotiations to raise the U.S. debt ceiling are expected to resume Wednesday morning, according to a report from Reuters,and%20avoid%20a%2  ( 25 min )
    Why Analog Devices Stock Is Sinking After Solid Earnings
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    XPeng Stock Drops After Q1 Earnings and Cautious Outlook: The Details
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    Embracer shares plunge as $2bn deal falls through
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    Bill Ackman’s Fund Sells at Huge Discount to Asset Value
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    Dow Jones Futures: Market Rally Retreats Amid Debt-Ceiling Drama; Nvidia Earnings Due
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  • Open

    Debt Limitation Definition
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    Nvidia Shares Leap 20% on Record Data Center Revenue
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    Take a Flier Definition
    Take a flier refers to the actions of an investor actively engaging in a high-risk investment opportunity.  ( 21 min )
    Dow Jones Today: Debt Ceiling Delay Drags Down Index
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    Markets Tumble as Debt Ceiling Talks Stall
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    How to Invest in Gold: An Investor’s Guide
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    Top CD Rates Today, May 24
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    Manufacturing Cells
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    How Liquid Are Money Market Accounts?
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    Understanding the BCG Growth Share Matrix and How to Use It
    The BCG growth-share matrix is a heuristic developed by the Boston Consulting Group used to classify a firm's project outlooks.  ( 23 min )
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    5 Things to Know Before Markets Open
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    Selena Gomez Will Host Two New Food Network Shows—Here’s How She Made Her Millions
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    Top Mid-Cap Stocks for Q2 2023
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    What Is a W-9 Form? Who Can File and How to Fill It Out
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    AAA: Definition as Credit Rating, Criteria, and Types of Bonds
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  • Open

    Intuit Shares Sink as Tax Season Revenue Falls Short
    TurboTax maker Intuit missed revenue estimates for key tax season and shares declined.  ( 1 min )
    Abercrombie & Fitch Posts an Unexpected Profit, Raises Outlook
    Abercrombie & Fitch surprised investors with a quarterly profit, and the retailer boosted its full-year guidance.  ( 1 min )
    Kohl's Reports Unexpected Quarterly Profit
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    FTC Investigates Abbott For Alleged Collusion in Federal Baby Formula Contract Bids
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    Deutsche Bank and Citigroup Admit to Anticompetitive Practices
    Deutsche Bank (DB) and Citigroup (C) on Wednesday admitted to trading sensitive information on U.K. government bonds, and were among five banks found in breach of U.K. competition law.  ( 1 min )
  • Open

    Dow Jones Today: Debt Ceiling Delay Drags Down Index
    Stocks fell for a second straight day as negotiations on the debt ceiling continued, with 3M and Boeing helping lead shares lower.  ( 1 min )
    5 Things to Know Before Markets Open
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  • Open

    Moederbedrijf Albert Heijn politiek onder vuur over hoge winst en bonus
    Ahold Delhaize, het moederbedrijf van Albert Heijn, kreeg woensdag veel kritiek in de Tweede Kamer vanwege hun prijsverhogingen, hoge winst en beloning voor de topman. Diverse partijen trokken fel van leer omdat ze de lonen van medewerkers te laag vinden, terwijl het bedrijf vorig jaar 2,5 miljard euro winst maakte en topman Frans Muller miljoenen kreeg.  ( 5 min )
    Emmentaler geen beschermd merk omdat het in het Duits 'kaas' betekent
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    Emmentaler wordt geen beschermd merk omdat het in Duits 'kaas' betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Emmentaler wordt geen beschermd merk omdat het in Duits gewoon kaas betekent
    Zwitserse Emmentaler wordt geen beschermd kaasmerk, omdat Duitsers het woord Emmentaler als een ander woord voor kaas gebruiken. Het is de eerste keer dat een kaassoort géén beschermde status krijgt binnen de Europese Unie.  ( 3 min )
    Je Netflix-account delen kost voortaan 4 euro per maand extra
    Een Netflix-account delen met vrienden en familie kan behoorlijk schelen in de kosten. Maar Netflix loopt daardoor inkomsten mis. Daarom gaat het bedrijf deze meelifters 3,99 euro per maand extra laten betalen.  ( 4 min )
    Jumbo stopt met flitsbezorging
    Jumbo stapt alweer uit de flitsbezorging. De supermarktketen was daar actief in geworden via een samenwerking met de Duitse flitsbezorger Gorillas. Die is overgenomen door de Turkse branchegenoot Getir. De familie Van Eerd, eigenaar van Jumbo, had ook een belang in Gorillas. Die investering wordt ook teruggedraaid, laat een woordvoerder desgevraagd weten.  ( 3 min )
    Kabinet wil contract met NS verlengen voor merendeel van Nederlandse sporen
    De NS mag op het grootste deel van het Nederlandse spoornetwerk het treinverkeer blijven verzorgen. Het kabinet blijft bij zijn besluit om het contract met het bedrijf voor het hoofdrailnet te verlengen.  ( 3 min )
    Zaak over vergunning NS niet bij juiste rechter ingediend
    De rechtbank Den Haag doet geen uitspraak over de vraag of de NS meer concurrentie krijgt op het spoor. Volgens de rechtbank gaat ze daar als burgerlijke rechter niet over. Bovendien zijn de regionale vervoerders te vroeg naar de rechter gestapt, omdat de vergunning nog niet definitief aan NS is verleend.  ( 3 min )
    Klagend Facebook moet alle documenten geven die Brussel opvraagt
    Facebook moet inzage geven in alle documenten die de Europese Commissie opvraagt. Dat heeft het Hof van Justitie van de Europese Unie bepaald na klachten van Facebook-moederbedrijf Meta. Brussel onderzoekt of het sociale netwerk zich schuldig maakt aan oneerlijke concurrentie.  ( 3 min )
    EU wil dat Nederland energiesteun afbouwt en flexwerk ontmoedigt
    Nederland moet aan de slag met het beperken van de energiesteun en het aanmoedigen van werk via vaste aanstellingen om het personeelstekort te verkleinen. Verder vraagt de Europese Unie in een lijst met aanbevelingen om iets meer zuinigheid. Het begrotingstekort moet ondanks moeilijke economische tijden niet te veel oplopen.  ( 5 min )
    Rente op spaargeld bij alle drie de grote banken naar 1 procent
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    Wat wil jij weten over de huizenprijzen? Stel hier je vragen
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Op ons reactieplatform NUjij waren hier veel vragen over. Want wat betekent dit voor de economie? En is dit het juiste moment om een huis te kopen of kun je beter nog even wachten? Stel je vragen over de huizenprijzen hier.  ( 2 min )
    Jumbo en flitsbezorger Getir stoppen samenwerking
    Jumbo en flitsbezorger Getir beëindigen hun samenwerking. De supermarktketen wil zich richten op de winkels en webshops en stopt met de bevoorrading van de magazijnen van Getir.  ( 3 min )
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    Britten betalen meer voor boodschappen, voedsel 19 procent duurder
    Het leven in het Verenigd Koninkrijk was in april 8,7 procent duurder dan in dezelfde maand vorig jaar. Dat is fors meer dan de 2 procent inflatie die de Britse centrale bank voor ogen heeft.  ( 3 min )
    Grote zorgen bij ondernemers over 'strafheffing' op aardgas
    Ondernemers zijn bezorgd over de extra belasting op aardgas die ze vanaf volgend jaar moeten betalen. Werkgeversorganisaties VNO-NCW en MKB-Nederland spreken van "een strafheffing".  ( 3 min )
    Deel huiseigenaren krijgt subsidie voor verduurzaming woning niet voor elkaar
    Een deel van de huiseigenaren krijgt het niet voor elkaar subsidie aan te vragen voor het verduurzamen van hun woning. Zij vinden het aanvraagproces onbegrijpelijk, ontoegankelijk en zeer tijdrovend, blijkt uit het subsidiemeldpunt van Vereniging Eigen Huis (VEH).  ( 3 min )
    Voor een tientje Netflix en Viaplay kijken is voorbij met arrestatie digitale piraten
    Vier mensen zijn dinsdag opgepakt bij de ontmanteling van een illegale dienst voor internet-tv. De dienst had honderdduizenden abonnees.  ( 3 min )
    Deel huiseigenaren lukt het niet subsidie aan te vragen voor verduurzamen woning
    Een deel van de huiseigenaren krijgt het niet voor elkaar subsidie aan te vragen voor het verduurzamen van hun woning. Zij vinden het aanvraagproces onbegrijpelijk, ontoegankelijk en zeer tijdrovend, blijkt uit het subsidiemeldpunt van Vereniging Eigen Huis (VEH).  ( 3 min )
    Rechter beslist vandaag of NS meer concurrentie krijgt
    NS hoort woensdag van de rechtbank in Den Haag of het meer concurrentie krijgt van andere vervoerders. De staat heeft het grootste deel van het treinvervoer in Nederland na 2025 gegund aan NS. Regionale vervoerders zoals Qbuzz en Arriva zijn gepikeerd dat zij niet mochten meedingen naar treinvervoer en stapten naar de rechter.  ( 5 min )

  • Open

    Down More Than 50%: These 3 Beaten-Down Stocks Could Stage a Strong Rebound, Analysts Say
    Wilt Chamberlain holds the NBA record for career rebounds, with 23,924 in total, or 22.9 per game, for a truly great sustained performance. But rebounds don’t only come in basketball, and a savvy investor, while not likely to pick up 23,924 rebounding stock transactions, can still find plenty of stocks that are primed for rebounds in the current market environment. That environment, with headwinds still in play making every shot more difficult, has left plenty of fundamentally sound stocks under  ( 12 min )
    Target to Pull Some LGBT-Themed Merchandise After Customer Backlash
    Retailer said some shoppers knocked down displays of Pride Month products and threatened store employees.  ( 26 min )
    Lula Lashes Out and Sends Warning to Central Bankers Everywhere
    (Bloomberg) -- There are few, if any, leaders in the world who are publicly lashing out at central bankers more than Brazil’s Luiz Inacio Lula da Silva.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationChina’s $23 Trillion Local Debt Mess Is About to Get WorseChina’s New Covid Wave Set to See 65 Million Cases a WeekThe reasons are inc  ( 10 min )
    Target removes some LGBTQ merchandise from stores ahead of June Pride month after threats to workers
    Target is removing certain items from its stores and making other changes to its LGBTQ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers. Target declined to say which items it was removing but among the ones that garnered the most attention were “tucker friendly” women’s swimsuits that allow trans women who have not had gender-affirming operations to conceal their private parts. The Pride merchandise has been on sale since early May. Pride month is held in June.  ( 7 min )
    Explainer-How could a US debt ceiling default hit regular Americans?
    What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could quickly notice painful blows dealt to their retirement accounts as stock markets swooned, and within days the lack of federal payments could weigh heavily on doctors' offices, retirees and workplaces throughout the country. If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Department could start missing payments on its obligations as soon as June 1, according to the department's chief, Janet Yellen.  ( 7 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Palo Alto Stock Jumps After Profit Tops Estimates, Margins Improve
    The cybersecurity software company posted solid results for its fiscal third quarter ended April 30.  ( 22 min )
    There is 'zero chance' of the US defaulting on its debt, Wharton professor Jeremy Siegel says
    No content preview
    Richard Branson’s Virgin Orbit to Liquidate, Sell Off Assets to Stratolaunch, Rocket Lab
    (Bloomberg) -- Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsChina’s New Covid Wave Set to See 65 Million Cases a  ( 8 min )
    Nio, XPeng Need A Win. Will Their New EVs Deliver?
    No content preview
    World’s Richest Man Loses $11 Billion After LVMH Stock Rout
    (Bloomberg) -- Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods. Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s $23 Trillion Local Debt Mess Is About to Get WorseRussia Pushes India for Help to Avert Global Financial IsolationSaudi Energy Minister Tells Oil Specu  ( 7 min )
    Cybersecurity Firm Palo Alto Earnings Top Estimates On Cloud Growth
    No content preview
    Stocks sink as debt crunch continues: Stock market news today
    US stocks closed lower Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    JPMorgan accuses US Virgin Islands of harboring Jeffrey Epstein for two decades
    JPMorgan Chase & Co on Tuesday sought to shift blame for failing to snuff out sex crimes committed by the late Jeffrey Epstein, accusing the U.S. Virgin Islands of harboring and shielding the disgraced financier as he abused young women and girls over two decades. The largest U.S. bank made the accusation in a heavily redacted filing in Manhattan federal court, where the U.S. Virgin Islands is suing to hold it liable for providing banking services to Epstein from 1998 to 2013. JPMorgan said Epstein had a "quid pro quo" relationship with the U.S. Virgin Islands' highest-ranking officials, bestowing money and favors in exchange for millions of dollars of tax incentives and looking the other way at his crimes.  ( 8 min )
    Growth Stocks Get Socked As House Leader McCarthy Says Debt Limit Talks "Nowhere Near A Deal;" Stock Market Leader Hits A Pair Of Sell Signals
    No content preview
    Tesla to pick location for new factory this year, Musk says
    When the Wall Street Journal's Thorold Barker asked Musk at an event if India was interesting, he said, "Absolutely". Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview last week. Tesla announced earlier this year that it would open a gigafactory in Mexico as the world's most valuable automaker pushes to expand its global output.  ( 7 min )
    LVMH and Other Luxury Stocks Fall, Wiping Out Billions. It’s a Concern for Europe.
    European luxury stocks dropped on Tuesday, wiping billions off their valuations, highlighting the sector's importance for the region's market rally.  ( 23 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 9 min )
    'It'll Cost Us Our System As We Know It:' Billionaire Ray Dalio Warns Of A 'Social Problem' Because Of The Debt Ceiling Crisis. Here's How He's Positioning His Portfolio
    The U.S. is on track to default on its payments obligations if the debt ceiling is not raised. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, the problem could extend beyond a debt crisis. “The debt ceiling negotiations is ridiculous because it’s not dealing with the problem,” he said in a YouTube video. The billionaire investor explains that if the debt ceiling is raised, the U.S. will just keep piling on debt. And if the limit does not increase, t  ( 9 min )
    The Two Biggest Names In Artificial Intelligence Are Teaming Up — On AI, Of Course
    No content preview
    Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron
    The U.S. Commerce Department should add Chinese memory chip maker Changxin Memory Technologies (CXMT) to a trade blacklist after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives' committee on China said on Tuesday. The restrictions this week by China's cyberspace regulator against Micron, the biggest U.S. memory chipmaker, were the latest in a widening trade dispute between the world's two largest economies.  ( 7 min )
    CohBar Stock Doubles: Company Agrees To Merge With Morphogenesis To Advance Late-Stage Oncology Candidates
    Privately-held Morphogenesis Inc has agreed to combine with CohBar Inc (NASDAQ: CWBR) in an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology pipeline. The combined company will focus on advancing Morphogenesis' two technologies that seek to overcome the major obstacles that limit the effectiveness of current immunotherapies in treating cancer. The combined company is expected to operate under the name "TuHURA Biosciences Inc" and to trade  ( 7 min )
    Carl Icahn's wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he's ready to fight back
    No content preview
    Netflix to charge an additional $8 month for viewers living outside US subscribers' households
    Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service amid a slowdown in growth. To combat password sharing, Netflix said it will limit viewership of its programming to people living in the same household. Subscribers will still be able to watch Netflix when they are traveling.  ( 7 min )
    Warren Buffett Stocks: Google Soars As LULU Stretches For Support
    No content preview
    Default May Be the Least Likely Outcome of Debt Ceiling Talks
    Deutsche Bank analysts think there's an equal possibility that President Joe Biden and Speaker Kevin McCarthy will come to an agreement or an extension in their debt ceiling negotiations.  ( 18 min )
    Apple is investing billions in US-made 5G components as it looks to move manufacturing out of China
    Apple has unveiled a multibillion-dollar deal with Broadcom to produce new 5G radio frequency components in the US. The May 23 announcement comes as Apple—the world’s largest consumer electronics company—looks to spend more than $400 billion on domestic manufacturing.  ( 8 min )
    Gas Stocks Set to Trounce Oil Shares, Says Bank of America
    Shares of companies that drill primarily for natural gas are poised to outperform their oil-focused counterparts by multiples, according to Bank of America analysts. Their argument is based on the assumption that future prices of natural gas will equal or exceed the current futures curve, which slo  ( 19 min )
    Analyst Report: Regency Centers Corporation
    No content preview
    Kremlin gas profits plunge as tide turns in Putin’s energy war
    Security had to protect the board of Shell at the oil giant's annual general meeting as climate protesters rushed the stage amid more than an hour of disruption.  ( 29 min )
    Visa Stock Plummets. Is Resilient Consumer Faltering?
    No content preview
    Market Update: REG, GEN
    No content preview
    Apple Inks Multibillion-Dollar Wireless-Chip Supply Deal With Broadcom
    No content preview
    The US Treasury may have to break the law to keep the world’s richest nation from default
    Congress is putting US Treasury Secretary Janet Yellen in a tough spot.  ( 7 min )
    AI Will Boost Microsoft and Google, Analysts Say. Worry About These Stocks Instead.
    Enterprise adoption of AI remains one of the biggest prizes for tech companies.  ( 23 min )
    Bud Light Sales Keep Cratering After Transgender Controversy. Price Wars May Be Next.
    Bud Light sales were down 28.4% in the latest week, and parent Anheuser-Busch is now offering big rebates that could cut the cost of a case to under $5.  ( 22 min )
    BJ's earnings tell the whole story of the US economy right now
    BJ's Wholesale Club reported results Tuesday morning that disappointed. But in those results were signs of inflation moderating while consumers grow more cautious, a microcosm of the US economy in one corporate release.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    Chevron Stock Upgraded To A Buy After $6 Billion PDC Energy Deal
    No content preview
    Apple Announces Multibillion-Dollar Deal With Broadcom to Make Chips in U.S.
    The new multiyear agreement brings manufacturing of some components to the U.S.  ( 22 min )
    Nvidia Q1 Earnings To Test Chipmaker's Lofty Valuations
    Nvidia, the world's most valuable chipmaker, is expected to say revenue and net income shrank by as much as a fifth last quarter, putting its stock's 100% rally so far this year to the test.  ( 19 min )
    ‘Too Cheap to Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $10
    Cathie Wood’s singular investing style has generated huge returns for investors of her ARK Invest ETFs during certain periods (such as during the pandemic). However, it’s a strategy that has also been responsible for racking up losses during other times, such as last year’s bear market. Wood’s preference has always been for disruptors – whether in tech, healthcare, or the auto industry – and even in difficult times, she has not deviated from that path. Whatever you make of her stock choices, Woo  ( 10 min )
    Apple Strikes Multibillion-Dollar Supply Deal With Broadcom
    Apple has entered a multiyear deal with the chip and network equipment maker for components that will be made in the U.S.  ( 25 min )
    Stocks slip as debt crunch continues: Stock market news today
    US stocks opened lower on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Cut Stocks, Buy Gold, Hold Your Cash, JPMorgan’s Kolanovic Says
    (Bloomberg) -- A debt-ceiling negotiation that remains in limbo, elevated recession risks and a hawkish Federal Reserve stance are just a few of the reasons JPMorgan Chase & Co.’s Marko Kolanovic is advising clients to further dump equities and hold onto cash.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden, McCarthy Still Without Debt Deal But Sound Positive ToneSaudi Energy Minister Tells Oil Speculators to ‘Watch Out’Parents Sue Elite Schools for ‘Indoct  ( 8 min )
    AutoZone Stock Falls After Earnings Beat Estimates. Here’s Why.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 25 min )
    How to Make $1,000 Every Month in Passive Income
    Is it possible to earn a paycheck while sitting on the couch watching television? Absolutely, but it takes a bit of work beforehand to set things in motion. By developing online assets, investments and interest payments, you can put your … Continue reading → The post How to Make $1,000 a Month in Passive Income appeared first on SmartAsset Blog.  ( 12 min )
    Can I Make Money Investing in EV Charging Stations?
    If you spot a Tesla on the road, you may be impressed by the sleek style of the car, but you may also find yourself wondering: How do you take an electric car like that on a road trip? How … Continue reading → The post How to Invest in EV Charging Stations appeared first on SmartAsset Blog.  ( 8 min )
    Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
    The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.  ( 23 min )
    LVMH, Hermes Spark $30 Billion Luxury Stocks Rout on US Slowdown
    (Bloomberg) -- A blistering rally in luxury goods stocks this year powered by international demand particularly from China has taken a hit, wiping out more than $30 billion from the sector on Tuesday.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekMexico Raises A  ( 8 min )
    Dow Jones Futures Fall After Biden-McCarthy Meeting; Lowe's Slides On Earnings
    No content preview
    Apple closes in on a $3 trillion stock market valuation
    Apple's stock has been on autopilot this year.  ( 9 min )
    Forint Tumbles as Hungary Diverges From EU on Ukraine, Rates
    (Bloomberg) -- Hungary’s forint weakened the most worldwide as Prime Minister Viktor Orban said his country had split with the European Union on Ukraine and the nation’s central bank prepares to cut interest rates.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a WeekM  ( 6 min )
    Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think
    No content preview
    Stock futures slip as debt crunch continues: Stock market news today
    US stock futures were lower ahead of the open on Tuesday after President Joe Biden and House Republican Speaker Kevin McCarthy’s debt-ceiling talks the previous day ended with both taking an optimistic tone, but without a deal.  ( 8 min )
    Wall Street Is Downbeat on Steel. The Case Against Nucor, Others.
    J.P. Morgan analyst Bill Peterson launched coverage of the five steel producers. He doesn't really like any of them.  ( 22 min )
    Lowe's Stock: First-Quarter Sales Slip As Lowe's Joins Home Depot With Dour 2023 Warning
    No content preview
    AutoZone Earnings Beat Estimates. Here’s Why the Stock Is Falling.
    AutoZone posts fiscal third-quarter earnings of $34.12 a share, higher than analysts' estimates of $31.51.  ( 22 min )
    Analyst Report: Anheuser-Busch In Bev SA/NV
    No content preview
    Analyst Report: TJX Companies, Inc.
    No content preview
    Lowe’s Stock Sinks. It’s the Latest to Lower Forecasts Amid Retail Gloom.
    Lowe's beat expectations for its first-quarter earnings but cut its full-year earnings and revenue outlook on softer consumer spending.  ( 22 min )
    Daily Spotlight: ESG Interest (and Assets) are Growing
    No content preview
    Technical Assessment: Bearish in the Intermediate-Term
    No content preview
    Market Digest: TJX, BUD
    No content preview
    Daily – Vickers Top Buyers & Sellers for 05/23/2023
    No content preview
    Daily – Vickers Top Insider Picks for 05/23/2023
    No content preview
    Jamie Dimon warns of 7% Fed rate, banking crisis, bleak commercial real estate
    Investing.com - The U.S. banking crisis, which has claimed a few victims since March, is the direct result of the Fed's fight against high Inflation. Uncertainty about the health of regional banks and rising yields in the money market led to a steady outflow of deposits, bringing banks' balance sheets to their knees.  ( 7 min )
    Ford Stock Has an Uphill Climb
    The Detroit automaker sharpened its pitch to investors, but expectations are already high.  ( 27 min )
    A Housing Bust Comes for Thousands of Small-Time Investors
    They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed.  ( 23 min )
    Citi Says Buyers Plow $21 Billion Into US Stocks
    (Bloomberg) -- Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a Wee  ( 39 min )
    Treasury Bill Yields Rise With Debt Deal Elusive: Markets Wrap
    (Bloomberg) -- US equity futures rose while Treasury yields and a gauge of dollar strength were little changed after President Joe Biden and House Speaker Kevin McCarthy said they had a productive talk on the debt ceiling. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Million Cases a W  ( 40 min )
    Toyota Shares Plunge in Final Minute of Tokyo Trading
    (Bloomberg) -- Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock market on Tuesday.The stock closed 4.8% lower, its biggest decline since March 2022, shaving about $11 billion from the carmaker’s market value. The benchmark Topix closed 0.7% lower, erasing a gain in afternoon trading as news about Japan’s restrictions on chip-technology exports spurred profit taking.A block of 14.5 million Toyota shares crossed at 1,857 yen per share at the c  ( 38 min )
    AI Stocks Have Momentum. What That Means for Nvidia, Microsoft, Others.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Chevron Oil Deal Looks Like a Bargain. Is It?
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    The Treasury Department could issue $700 billion in T-bills within weeks of a debt-ceiling deal, draining liquidity from markets
    On Friday, the Treasury General Account was $60.7 billion, down from $140 billion just a week prior.  ( 37 min )
    Here's why the US doesn't have to pay off its $31 trillion mountain of debt, according to Paul Krugman
    "When governments for one reason or another run up large debts, it is, as far as I can tell, unusual to pay those debts off," Nobel economist Paul Krugman said.  ( 37 min )
    The White House has warned stocks will plunge 45% and a deep recession will strike in the 3rd quarter if the US defaults
    About 8 million jobs could be lost if the US fails to raise its debt ceiling ahead of the upcoming deadline in early June, according to the analysis.  ( 38 min )
    Oil prices rise after Saudi warns short-sellers: 'watch out'
    LONDON (Reuters) -Oil rose on Tuesday supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ cuts to support the market. The gains added to a rally on Monday, when crude gained a tailwind from a 2.8% increase in U.S. gasoline futures ahead of the Memorial Day holiday on May 29 which traditionally marks the start of the peak summer demand season. On the U.S. debt ceiling, White House and congressional Republican negotiators will meet again on Tuesday to resolve a impasse over raising the $31.4 trillion debt limit, with the nation facing the risk of default in as little as nine days.  ( 7 min )
  • Open

    Commercial Lines Insurance: Definition, Types, Vs. Personal Lines
    Commercial lines insurance protects businesses from potential losses they can't afford to cover.  ( 22 min )
    How Do Money Market Accounts Work?
    A money market account (MMA) is similar to checking and savings accounts. Learn how MMAs offer more-competitive interest rates than savings accounts.  ( 23 min )
    What Is a Business? Understanding Different Types and Company Sizes
    A business is an individual or group engaged in financial transactions. Read about types of businesses, how to start a business, and how to get a business loan.  ( 29 min )
    Dividends: Definition in Stocks and How Payments Work
    A dividend is a distribution of earnings, often quarterly, by a company to its shareholders in the form of cash or stock reinvestment.  ( 28 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 16 min )
    How To Get a House for Free (or Almost Free)
    Individuals can find discounted ways to purchase a home through auctions, government programs, or with rental income.  ( 20 min )
    5 Biggest ETF Companies
    With iShares leading the pack, these are the 5 biggest ETF companies by assets under management.  ( 21 min )
    Bernanke: Slow Fed Response Helped Inflation Surge
    There were many inflation causes that culminated in the high prices seen over the last year, but the Federal Reserve's slow response helped fan the flames, according to a new paper by former Fed Chair Ben Bernanke.  ( 19 min )
    Top CD Rates Today, May 23
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 16 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 16 min )
    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 17 min )
    How to Create a Crypto Wallet in 2023
    A crypto wallet is an essential piece of equipment for crypto enthusiasts to have. If you want to personalize your crypto's security, you can learn how to create a crypto wallet and set your security preferences.  ( 22 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 16 min )
    Combined Single Limits: Definition, Example, Benefits, Vs. Split
    Combined single limits is an insurance policy provision where coverage for all components of a claim (bodily injury and property damage) is handled by a single amount.  ( 21 min )
    E-commerce Defined: Types, History, and Examples
    E-commerce is a business model that enables the buying and selling of goods and services over the internet.  ( 31 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 17 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 16 min )
    5 Biggest Oil Tanker Companies
    With Scorpio leading the pack, these are the 5 biggest oil tanker companies by 12-month trailing revenue.  ( 20 min )
    Predatory Lending: How to Avoid, Examples and Protections
    Predatory lending imposes unfair, deceptive, or abusive loan terms on a borrower. Many states have anti–predatory lending laws.  ( 30 min )
    How To Close a Savings Account
    You may want to remain a customer of your current bank and only close your savings account. Find out more about how this quick process is done.  ( 23 min )
    Home Price Trends All About Location, Location, Location
    Housing market demand varies city-to-city by most in a decade.  ( 18 min )
    How to Buy Bitcoin With a Credit Card in 2023
    Learning how to buy Bitcoin with a credit card might seem like a great idea, but there’s a lot to take into consideration to ensure that you are doing it right.  ( 20 min )
    When Clients Ask About Crypto
    Clients need to understand the full picture, including the good and bad of cryptocurrency investing.  ( 25 min )
    How to File for a Tax Extension
    Filing for a tax extension allows you to get extra time to file your tax return. But be warned, even if you extend your filing deadline, you still need to pay on time.  ( 29 min )
    Slippage: What It Means in Finance, With Examples
    Slippage refers to the discrepancy between the expected price of a trade and the price at which the trade is executed.  ( 23 min )
    Top Sports Betting Stocks for Q2 2023
    These are the sports betting stocks with the best value, fastest growth and most momentum best performance for Q2 2023.  ( 22 min )
    Mortgage Fraud: Understanding and Avoiding It
    It is important to know what condition would classify as mortgage fraud and know about the common schemes and scams you should avoid.  ( 25 min )
    Default May Be the Least Likely Outcome of Debt Ceiling Talks
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    How to Buy Fractional Shares on Webull
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    What Apple’s New Chip Deal Means for Broadcom
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    Today's Mortgage Rates & Trends - May 23, 2023: Rates Move Higher
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    Inflation Caused Record Number of Adults To Be Worse Off in 2022
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  • Open

    Dow Jones Today: Tech Sends Index Lower
    Apple, Microsoft, Intel move lower as tech stocks fall, while Chevron moved higher on a ratings upgrade  ( 1 min )
    Markets Fall as Debt Ceiling Agreement Talks Drag on
    U.S. equities lost ground on May 23, 2023 as White House and congressional negotiators still haven't reached a deal on raising the federal debt ceiling to avoid a potential government default.  ( 1 min )
    5 Things to Know Before Markets Open
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    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 1 min )
  • Open

    Rising Memberships Could Help Costco Offset a Spending Slowdown
    Costco (COST) will likely report solid earnings growth as rising memberships and sustained customer loyalty could help the wholesaler offset weakness in discretionary spending and ecommerce.  ( 1 min )
    Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
    Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.  ( 1 min )
    Netflix Cracks Down on Account Sharing Between Households
    In an email sent to American users Tuesday, Netflix issued a new set of guidelines for users who wish to share accounts, as part of its push to crack down on password sharing.  ( 1 min )
    Lordstown's Reverse Stock Split Aimed at Saving Nasdaq Listing, Foxconn Deal
    Lordstown Motors announced a 1-for-15 stock split to get shares high enough to keep the stock listed on Nasdaq and save a Foxconn investment.  ( 1 min )
    Activist Investor Demands Yelp Board Act to Boost Stock Price
    Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.  ( 1 min )
    Citizens Bank to Pay $9 Million Penalty in Settlement with CFPB
    The Consumer Financial Protection Bureau (CFPB) reached a settlement with Citizens Bank Tuesday over what the bureau called unlawful credit card servicing practices.  ( 1 min )
    What Apple’s New Chip Deal Means for Broadcom
    The deal will help Apple pivot to U.S. suppliers and give some runway to Broadcom to diversify its revenue stream for life after Apple begins making its own chips in-house.  ( 1 min )
    TikTok Sues Montana, Says Ban Violates First Amendment
    TikTok sued Montana, alleging state legislation banning the video-sharing app violates the First Amendment. The Chinese-owned video app previously fought former President Donald Trump over a similar ban.  ( 1 min )
  • Open

    Microsoft zet AI centraal in Windows 11 met persoonlijke assistent Copilot
    Microsoft brengt dit jaar een chatbot voor Windows 11 uit met kunstmatige intelligentie. De Copilot AI werkt binnen het Windows-besturingssysteem en kan helpen bij allerlei taken op de computer. Verder heeft Microsoft nog veel meer plannen met AI, maakte het bedrijf dinsdag bekend.  ( 4 min )
    Europese bierbrouwers geschokt om Ierse plannen
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    Staat wil dat bedrijf dat giftige stoffen in Westerschelde loosde schade vergoedt
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    Gazprom ziet gasexport dalen en boekt fors minder winst
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    Huishoudens maken dikke winst op hun beleggingen
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    NU+ | In de zomer energie besparen? Dat doe je met de doucheknop
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    Nepfoto van explosie bij Pentagon zorgt voor korte dip op Amerikaanse beurs
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    TikTok sleept Amerikaanse staat Montana voor de rechter wegens verbod op app
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    We kopen minder, maar door hoge prijzen zien winkeliers omzet toch stijgen
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  • Open

    Goldman Sachs Likes These 2 Stocks, Insiders Just Poured Millions Into Them — Here’s Why You Might Want to Ride Their Coattails
    The well-worn adage ‘Keep it simple’ isn’t just a cliché; it holds true in many areas of life, including the stock market. It’s easy to get lost in the never-ending barrage of information and day-to-day drama on Wall Street, but a simple strategy will often point towards the best investment choices. One such strategy is to keep an eye on the insiders’ moves. These corporate officers are the ones who know best what is going on in the companies they oversee. When they are seen buying shares of the  ( 41 min )
    Bank of America raises its S&P 500 price target and says the outlook is 'glass half full' as bad news is already priced into stocks
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    China's economy has turned rotten and its reopening boom is a 'charade,' market expert says
    "A growth model dependent on stimulus and debt was always going to be unsustainable, and now it has run out of steam."  ( 38 min )
    Top IBM Shareholders
    The top IBM shareholders are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.  ( 21 min )
    Zoom Shares Jump as Revenue Beats Estimates
    Zoom Communications shares jumped after beating analysts' estimates for revenue.  ( 17 min )
    Dow Jones Futures: Biden-McCarthy Debt Ceiling Meeting Imminent; Tesla Stock Has New Buy Point
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    These 5 Growth Stocks Have Perfect 99 Ratings
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    How Fake AI Photo of a Pentagon Blast Went Viral and Briefly Spooked Stocks
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    Blackstone in Talks With Lenders on Maturing Chicago Office Loan
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    Zoom Stock Jumps on Strong Earnings and Improved Outlook
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    Apple Stock Got Downgraded. Brilliant or Foolish?
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    Shipping line Zim gets hammered by high spot-rate exposure
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    Top Airline Stocks for Q2 2023
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    Dow Jones Falls But Other Indexes Climb As McCarthy Urges Biden To Beat This Addiction; DraftKings Soars On Upgrade
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    Apple, Microsoft, and 3 other stocks are now worth nearly $9 trillion – or almost 25% of the S&P 500
    Apple, Microsoft, Alphabet, Amazon and Nvidia are worth nearly $9 trillion combined as an AI boom has seen investors pile into mega-cap tech stocks.  ( 38 min )
    Top 5 Companies Owned by Ford
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    Game Theory Offers Clue to Market Calm Amid Debt Impasse
    (Bloomberg) -- The US is hurtling toward a credit default that pundits universally agree would be catastrophic for the economy and financial markets. So why is the S&P 500 treading water near a nine-month high?Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverGame theory offers some insi  ( 39 min )
    Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?
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    Lyft is 'open' to selling itself. There might not be any buyers
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    Chevron to Acquire PDC Energy for $6.3 Billion
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    First Citizens sues HSBC for hiring away Silicon Valley Bank staff
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    Analyst Report: Brighthouse Financial Inc
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    Tesla Stock Is Rallying Again. Maybe Ford Did It.
    Shares of electric-vehicle giant Tesla are logging their fifth straight day of rising Monday. There are a few reasons for the big gain, but Ford might account for most of it.  ( 22 min )
    Market Update: DRI, WTRG, BHF
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    Nvidia Partner Among 5 Semiconductor Stocks Etching Bases And Buy Zones
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    Big-Bank Savings and CD Rates (But You Can Earn So Much More)
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    ZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details
    ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported a Q1 2023 sales decline of 63% Y/Y to $1.37 billion, missing the consensus of $1.57 billion. Carried volume in Q1 was 769 thousand TEUs, a decrease of 10% Y/Y. The average freight rate per TEU in Q1 was $1,390 (-64% Y/Y). The company generated an EPS loss of $(0.50), down from $14.19 a year ago. Adjusted EBITDA fell 85% Y/Y to $373 million, with margins of 27% vs 68% a year ago. ZIM's total cash position stood at $4.25 billion as of March  ( 38 min )
    What's Going On With NVIDIA Stock Today
    Nvidia Corp (NASDAQ: NVDA) has announced a pact with Rolls Royce Holdings Plc(OTC: RLLCF) and Classiq to design jet engines using quantum computing. The companies used quantum-computing technologies to introduce computation fluid dynamics in operating jet engines. Leveraging Nvidia Corp's quantum-computing platform, the companies simulated the world's largest quantum-computing circuit for computational fluid dynamics to develop jet engines. The circuit was built using NVIDIA A100 Tensor Core GPU  ( 38 min )
    Stocks risk 'sharp' reaction if debt ceiling talks go awry: JPMorgan
    In a new note, JPMorgan argues a debt ceiling crisis in 2023 could be far worse for markets than it was in 2011 when the S&P 500 fell nearly 20% from its peak.  ( 40 min )
    Fortinet, A Cybersecurity And AI Leader, Breaks Out; Analysts Bullish On Outlook
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    Ford Strikes Lithium Supply Deals With World’s Top Producers
    (Bloomberg) -- Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalFord has struck deals with Albemarle Corp., the world’s top  ( 39 min )
    Don’t be fooled by the S&P 500 rally, says Wall Street’s top strategist Mike Wilson
    He cautioned investors against falling into a “false bull trap.”  ( 39 min )
    Nvidia Could Miss on Gaming, but Buy the Stock Anyway. Here’s Why.
    The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.  ( 22 min )
    Stock Market Awaits Biden-McCarthy Debt-Ceiling Cage Match; DraftKings Soars To 52-Week High On Upgrade
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    The Game Theory of the Debt Limit Points Toward Settlement
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    Exxon Joins EV Race for Lithium. It Won’t Save The Stock.
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    Apple Stock Downgraded On Signs Of Slowing iPhone Demand
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    ‘Don’t Miss the Next Bull Market’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
    Following 2022’s bear, the markets have made a recovery in 2023 with both the S&P 500 and, in particular, the NASDAQ showing healthy year-to-date gains. Therefore, it might be a natural instinct for investors who have nursed heavy losses to be eying the exit gate now the market is rebalancing, and the initial investment is back to breaking even. That kind of thinking, however, is a big mistake, says legendary investor Ken Fisher. “As initial bull market rallies build, investors — raw from the pr  ( 41 min )
    Ford no longer stuck in ‘valuation box,’ 2nd-gen EVs will unlock profitability, CEO says
    Ford’s transformation into three business units focused on gas-powered cars, electric vehicles, and commercial customers is less than two quarters old. And investors still have a lot of questions for the 120-year old automaker - and how CEO Jim Farley intends to push profitability.  ( 40 min )
    Tesla Pricing Detour Outmaneuvers Headlines; Elon Musk Says Automakers Do 'This All The Time'
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    Apple Stock Butterfly Spread Benefits From Neutral Price Action, Can Return $925
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    PacWest stock pops after selling $2.7 billion in real estate loans
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    Fed’s Bullard Sees Two More Interest-Rate Hikes Needed in 2023 to Cool Prices
    (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank will need to raise interest rates twice more this year to quell inflation.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near Capital“I think we’re going to have to grind higher,” he said Monday  ( 37 min )
    Chevron to Buy Shale Driller PDC in $6.3 Billion Stock Deal
    (Bloomberg) -- Chevron Corp. said it will buy driller PDC Energy Inc. in a $6.3 billion all-stock deal, allowing Chevron to expand its holdings in shale basins in Colorado and West Texas.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalChevron will pay $72 a share, a roughly 14% premium on  ( 38 min )
    Estate Tax Planning Tips For 2023
    Estate planning matters if you're hoping to preserve as much of your wealth and assets as possible for future generations. One of the biggest challenges is finding ways to minimize your tax liability, as taxes can shrink the value of … Continue reading → The post The Basics of Estate Tax Planning appeared first on SmartAsset Blog.  ( 41 min )
    Medigap vs. Medicare Advantage: Which Has More Benefits?
    Medigap and Medicare Advantage are both healthcare plans used by people in retirement. Medigap insurance helps supplement areas like coinsurance, deductibles and copayments. Medicare Advantage, sometimes called Part C, plans are offered by private companies approved by Medicare. We'll dive … Continue reading → The post Differences of Medigap vs. Medicare Advantage appeared first on SmartAsset Blog.  ( 39 min )
    Goldman hints at an AI-fueled profits boom over the next 10 years: Morning Brief
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    I'm Retired and Divorcing. Is This Going to Wreck My Finances?
    Retirement is a major milestone that most couples look forward to. But some couples find the transition to retirement negatively impacts their marriage, sometimes resulting in irreconcilable differences and divorce. Rates of late-in-life divorce, also called "gray" divorce, have risen … Continue reading → The post How to Navigate a Divorce After You Retire appeared first on SmartAsset Blog.  ( 43 min )
    Does Beneficiary Designation Overrule a Will?
    Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, that's not the case with many assets. For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.  ( 40 min )
    Dow Jones Futures Rise Ahead Of Biden-McCarthy Debt Ceiling Meeting; Apple Slides On Downgrade
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    Chevron to Buy PDC Energy in $6.3 Billion Stock Swap
    The deal would boost the oil company’s ownership in the largest U.S. oil field and in the Denver-Julesburg Basin.  ( 25 min )
    Chevron to Acquire PDC Energy for $6.3 Billion
    'PDC’s attractive and complementary assets strengthen Chevron’s position in key U.S. production basins,' says Chevron Chairman and CEO Mike Wirth in a statement.  ( 25 min )
    Japan's Mizuho to Buy Investment Bank Greenhill
    Mizuho of Japan has agreed to buy investment bank Greenhill in a deal worth $550 million including debt, the companies said Monday. Greenhill's stock surged premarket. Some key details: Mizuho is paying [$15 a share in cash](https://www.globenewswire.com/news-release/2023/05/22/2673304/0/en/Miz  ( 18 min )
    Ironwood Pharmaceuticals to Buy VectivBio in $1 Billion Deal. The Sector Is Hot for M&A.
    The drugmaker is paying $17 a share for the Swiss biotech company. The move adds to the $71 billion worth of deals announced in the healthcare and life sciences space in the first quarter.  ( 22 min )
    Nvidia stock is trading on 'heroic' valuations amid its 2023 eruption: strategist
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    UPDATE 2-Chevron to buy PDC Energy in $7.6 bln deal
    Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt. The oil major said the PDC deal would bring strong free cash flow, low breakeven production and development opportunities adjacent to Chevron's position in the Denver-Julesburg Basin, as well as additional acreage to the company's position in the Permian Basin. The deal is expected to increases Chevron's proved reserves by 10% at an acquisition cost of under $7 per barrel of oil equivalent.  ( 37 min )
    How Much $10,000 Invested In Meta's IPO 11 Years Ago Is Worth Now
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  • Open

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  • Open

    PacWest Sells Construction Loans to Raise Cash
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    Montana TikTok Ban Likely To Face Challenges
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    Which Types of Death Are Not Covered by Life Insurance?
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    5 Things to Know Before Markets Open
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    7 Things You Didn’t Know About Sovereign Defaults
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  • Open

    TikTok begint rechtszaak tegen Amerikaanse staat Montana om verbod app
    TikTok heeft maandag een rechtszaak aangespannen tegen de Amerikaanse staat Montana, omdat daar vorige week een wet is aangenomen die het sociale medium verbiedt.  ( 3 min )
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    Minister De Jonge verwacht 'forse dip' in de woningbouw
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    Facebook-moederbedrijf krijgt 1,2 miljard euro boete van Brussel
    Europese privacytoezichthouders hebben Meta een boete van 1,2 miljard euro opgelegd. Het moederbedrijf van Facebook krijgt die boete omdat het data van Europese gebruikers heeft doorgestuurd naar de Verenigde Staten.  ( 3 min )
    Ryanair waarschuwt voor hogere ticketprijzen nu meer mensen willen vliegen
    Ryanair gaat de ticketprijzen omhoogschroeven nu de vraag naar vliegreizen aantrekt. Wie onder de duurdere ticketprijzen uit wil komen, moet volgens topman Michael O'Leary vroeg boeken.  ( 3 min )
    Voormalig Shell-topvrouw gaat niet meer fulltime betaald werken
    Marjan van Loon, die afgelopen maand afzwaaide als president-directeur van Shell Nederland, gaat niet meer fulltime betaald aan de slag.  ( 3 min )
    Consumenten hebben minder vertrouwen in economie dan een maand geleden
    Het consumentenvertrouwen is na zes maanden groei iets gedaald. Consumenten zijn vooral negatiever over de economie in de aankomende twaalf maanden. De koopbereidheid is in mei wel wat toegenomen.  ( 3 min )
    Huizenprijzen in april voor derde maand op rij gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Huizenprijzen daalden in april voor derde maand op rij
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    NU+ | Keukenapparatuur steeds slimmer, maar vaatwasser ruimt zichzelf niet in
    Vanuit de supermarkt via je smartphone een kijkje nemen in de koelkast of er nog bakboter is. Of onderweg naar huis alvast de oven laten voorverwarmen. In steeds meer Nederlandse keukens is slimme keukenapparatuur te vinden. Dat lijkt handig, maar is het niet altijd.  ( 4 min )

  • Open

    Insiders Pour $1 Million Each Into These 2 ‘Strong Buy’ Stocks⁠ — Here’s Why Wall Street Thinks They Could Double (or More)
    Investors are constantly looking for ways to generate big returns, after all that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are corporate officers responsible for their respective companies’ performance and have access to information  ( 42 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
    No content preview
    Stocks Poised to Fall
    The Federal Open Market Committee will release the minutes from its early-May monetary-policy meeting, which will be closely scrutinized for clues about when officials might pause interest-rate increases.  ( 22 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
    No content preview
    The rise of ChatGPT could jump start the Roaring 20s for stocks and solidify a new bull market
    No content preview
    Yen Set to Inflict More Pain on Investors’ Bullish Convictions
    (Bloomberg) -- Things may get even worse for Japanese currency bulls after the yen touched its lowest level against the greenback this year and traders get closer to erasing their bets on a central bank policy tweak. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighMexico Raises Alert Level on Volcano Rumbling Near CapitalTraders Brace for Volatility With US Debt Deal Still ElusiveThe yen closed at 137.98  ( 39 min )
    Ford to Host Investor Meeting. 3 Things to Watch.
    Ford Motors host its 2023 “Capital Markets Day” its calling “Delivering Ford+.” Investors can tune in starting at 8 a.m. Eastern time.  ( 22 min )
    A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy
    It was another busy week in the transportation world and no surprise, Tesla was one of the headliners. The company held its annual shareholder meeting and as per ushe, CEO Elon Musk shared tidbits and musings about the company. Speaking of Musk, he lost another bid to end a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of some of his Tesla-related tweets.  ( 44 min )
    Costco, JPMorgan, Snowflake, Ford, Zoom, and More Stocks to Watch This Week
    Earnings reports from Zoom Video, Lowe’s, Snowflake, Best Buy, Costco, and Ulta. Plus, minutes from the Federal Reserve’s May meeting and core PCE inflation data.  ( 22 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Beijing bans Chinese companies from using Micron chips in critical infrastructure
    China’s cybersecurity regulator has banned Chinese firms from buying chips from US memory manufacturer Micron.  ( 38 min )
    The Fed has come under fire for the way it tackled inflation. Here are the latest critiques from Elon Musk, Mohamed El-Erian and others.
    No content preview
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    A Military Scientist Wants to Retire at 55 or 60. Will He Have Enough Money?
    An advisers suggests how he can shore up his finances and set aside money for his four children.  ( 27 min )
    Hate taxes? This is for you: IRS boosts HSA limits for 2024 by record amount. Here's why.
    IRS raised health savings account contribution limits for 2024 by a record amount. This may be a big deal for those who hate paying taxes. Here's why.  ( 39 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 18 min )
    Tech analysts quit en masse amid turmoil at City investment bank
    A team of tech analysts have quit en masse at a City investment bank in the latest sign of turbulence.  ( 38 min )
    Credit cards are not 'a piggy bank,' expert warns
    US credit cardholders now owe $986 billion in debt, data from the Federal Reserve of New York found.  ( 39 min )
    One of China’s Poorest Provinces Faces Imminent Debt Problem
    Guizhou province has jaw-dropping landscapes and some of the world’s highest bridges—and outstanding debt of about 1.3 times its gross domestic product.  ( 27 min )
    Fed Official Is Open to Foregoing June Rate Hike
    Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting.  ( 26 min )
    ‘Perverse’ tax system means work doesn’t pay, warns Treasury Select Committee chief
    Britain's tax system is riddled with "perverse" incentives and punishing levies that must be reformed to make work pay, the head of a powerful parliamentary committee has warned.  ( 41 min )
    Traders Brace for Volatility With US Debt Deal Still Elusive
    (Bloomberg) -- Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch a debt-limit deal this week.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstZelenskiy Signals Bakhmut Falling, Russian Casualties HighTalks between politicians to end the deadlock hit another bump over the weekend with House Speaker Kevin McCarthy accusing White Hou  ( 38 min )
    TipRanks ‘Perfect 10’ List: 2 Stocks That Will Benefit Most From ChatGPT’s Meteoric Growth (Besides Microsoft)
    AI – artificial intelligence – has been stirring up the tech pot in recent times. With the release of ChatGPT, and the explosion of AI-powered natural language into the realm of online search, content creation, and even picture editing, it’s become clear that AI is the next frontier of the tech space. A sudden boom of this sort will always bring opportunities with it. New jobs and new products, of course – but also renewed opportunities in the stock market. Companies related to AI, either direct  ( 42 min )
    Debt ceiling drama, retail earnings, Fed Minutes: What to know this week
    The debt ceiling debate in Washington will remain in focus as uncertainty has begun to weigh on markets.  ( 41 min )
    Can I Use a Roth IRA as an Emergency Fund?
    Building an emergency fund is essential so you don't run into financial trouble if you lose your job or unexpected expense crops up. But keeping your emergency fund in a traditional savings account may not be the best solution. To … Continue reading → The post How to Use a Roth IRA as an Emergency Fund appeared first on SmartAsset Blog.  ( 39 min )
    Which of These 4 Retirement Withdrawal Strategies Is Best For You?
    Withdrawing money the right way matters. We often talk about how to save for retirement. That is, after all, essential business for everyone during their working life. Whether you follow the 60/40 strategy, put your money into real estate or … Continue reading → The post Four Retirement Withdrawal Strategies appeared first on SmartAsset Blog.  ( 40 min )
    Should I Be Using a Cashier's Check or Money Order?
    There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Build a Lucrative Multi-Asset Portfolio?
    Multi-asset strategies are styles of investment that provide for including a variety of different financial assets such as stocks, bonds and cash in a portfolio. Multi-asset strategies can provide greater diversification and less downside risk while also adding income and … Continue reading → The post What Are Multi-Asset Strategies? appeared first on SmartAsset Blog.  ( 39 min )
    Can I Take Out Life Insurance on Anyone?
    You can't buy a life insurance policy for just anyone. Before an insurance company approves your request to take out life insurance on anyone other than yourself, you must obtain the consent of the proposed insured. You also have to … Continue reading → The post Can You Take Out Life Insurance on Anyone? appeared first on SmartAsset Blog.  ( 40 min )
    The Healthcare Plan Most People Should Buy—and Why They Don’t
    Many people choose the wrong plan simply because it all seems too complicated to understand.  ( 26 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 22 min )
    The 34-year-old CEO of P.F. Chang’s wakes up at 4 a.m. and runs 8 miles every day. Here’s the Wall Street wunderkind’s daily routine
    Damola Adamolekun says he doesn’t need work-life balance.  ( 39 min )
    Investors Seek Shelter in Emerging Markets as Recession Risk Hits US
    (Bloomberg) -- Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutSome 61% of the 234 money managers, analysts and traders surveyed said they expect  ( 39 min )
    A US debt default is the wake-up call the world needs
    Interest rates will soar. The stock and bond markets will crash. And the global financial system will be plunged into turmoil as investors flee to any safe asset they can find.  ( 39 min )
    Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock
    The California Public Employees' Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto.  ( 22 min )
    Exxon Joins Hunt for Lithium in Bet on EV Boom
    The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.  ( 27 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Blackstone acquires International Gemological Institute
    Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China's Fosun and the company's founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement said it had purchased an 80% stake from Fosun and 20% from the Lorie family.  ( 38 min )
    Investors Seek Protection in Case of Debt-Ceiling Debacle
    Many are pulling cash from stock funds and seeking safety in Treasurys that don’t mature for several years.  ( 27 min )
    How America’s Largest Restaurant Franchisee Decides When to Raise Prices
    Flynn Restaurant Group harnesses internal and competitor data to take a surgical approach to selling fast food and sit-down meals.  ( 21 min )
    How Bud Light Blew It
    With one blunder after another, the brewing giant behind the brand became a case study in how not to handle a culture-war storm  ( 23 min )
    US Exposure Is Next Headache for Europe Inc. as Dollar Slides
    (Bloomberg) -- Behind the facade of Europe’s forecast-beating company earnings, cracks are appearing as exporters start to feel the pinch from regional exchange rate strength against the dollar.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitThe euro, Swiss franc and sterling a  ( 40 min )
    Analysis-Vodafone's new CEO faces tough calls to reconnect with investors
    When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. Della Valle, an Italian who joined Vodafone in 1994 and had been its chief financial officer since 2018, vowed on Tuesday to cut 11,000 of 90,000 jobs and speed up the delivery of new offers by giving local country bosses greater autonomy.  ( 40 min )
    Sunak’s complacency towards the management of Britain’s accounts is breathtaking
    Rishi Sunak is imposing the biggest tax rise the UK has seen since the 1970s. The Government’s decision to freeze personal tax thresholds for the next five years will drag millions of middle-income earners into the 40pc tax bracket.  ( 40 min )
  • Open

    What Are 409A Plans?
    A 409A plan is a non-qualified deferred compensation plan which involves a compensation that an employee has earned but not received. It's often used as a tax-saving strategy for high earners.  ( 19 min )
    Loan-to-Value (LTV) Ratio: What It Is, How To Calculate, Example
    The loan-to-value (LTV) ratio is a lending risk assessment ratio that financial institutions and other lenders examine before approving a mortgage.  ( 25 min )
    What Is the Difference Between Business Intelligence and Competitive Intelligence?
    Understand the difference between business intelligence and competitive intelligence. Learn why both are important for the success of a company.  ( 21 min )
    How to Buy a Foreclosed Home
    Finding and buying a foreclosed home is easier than it used to be, but you still have to know how to navigate the market.  ( 33 min )
    Interchange
    An interchange is the transfer of information between computers. Within business circles, it typically refers to an electronic data interchange, or EDI.  ( 18 min )
    Trade Resumption Definition
    Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 19 min )
    Solow Residual: Definition, Example, Vs. TFP
    The Solow residual is a measure of an economy's productivity growth. It is also referred to as total factor productivity (TFP).  ( 19 min )
    Net Leverage (Insurance) Definition
    Net leverage is the sum of an insurance company’s net written premiums ratio and its net liability ratio. It is a gauge of the insurer's financial health.  ( 18 min )
    10 Biggest Banks in the World
    With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 23 min )
    Wrap-Up Insurance: Definition, 2 Main Types, and Coverage Example
    Wrap-up insurance is an all-encompassing liability insurance policy that protects all contractors and subcontractors working on a large project.  ( 23 min )
    Affordable Market Value (AMV) Definition
    Affordable market value (AMV) is the price charged for an apartment building sold through the FDIC’s Affordable Housing Program.  ( 23 min )
    Net Premium Definition, Calculation, vs. Gross Premium
    Net premium, in the insurance industry, is calculated as the expected present value (PV) of a policy’s benefits minus the expected PV of future premiums.  ( 20 min )
    Probable Maximum Loss: Definition and How to Calculate It
    Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 20 min )
    Canada: A New Frontier for Real Estate Investors
    This property market is easy to access and provides profitable opportunities.  ( 22 min )
    6 Tips for Getting Approved for a Mortgage
    If you're in the market for a home, it helps to know what lenders look for so you can adjust your finances accordingly. Here are six tips.  ( 23 min )
    Understanding Lender-Required Flood Insurance
    Flood insurance is required by some mortgage lenders if the property is in a federally designated high-risk flood zone.  ( 26 min )
    Jumbo Loans vs. Conventional Loans: What's the Difference?
    Conventional mortgages are more in line with the needs of the average homebuyer. Jumbo mortgages are for properties with steep price tags.  ( 27 min )
    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 17 min )
    A Guide to Private Mortgage Insurance (PMI)
    Private mortgage insurance (PMI) is often required for conventional mortgages with less than a 20% down payment. Learn how PMI is used and how to avoid paying for it.  ( 28 min )
    15-Year vs. 30-Year Mortgage: What's the Difference?
    When choosing between 15-year and 30-year mortgages, remember that longer terms usually mean smaller payments, but higher overall interest costs. Learn more.  ( 26 min )
    Down Payment: What It Is and How Much Is Required
    A down payment is a sum of money, usually a percentage of the cost the buyer pays at the outset of a purchase of a home or car.  ( 24 min )
    What Is Attestation? Definition, How It Works, History, and Example
    Attestation in law is the act of authenticating a formal document by witnessing it being signed and then also signing it to verify its legitimacy.  ( 20 min )
    Business Owner Policy (BOP): Definition, Coverage, Exclusions
    A business owner policy (BOP) combines protection from all major property and liability risks into one package. They typically contain business interruption insurance, property insurance, and liability protection.  ( 20 min )
    How to Become a Day Trader
    How does one become a day trader? We look at the training, tools, equipment, and strategies needed to succeed as a day trader.  ( 24 min )
    Top Car Stocks for Q2 2023
    Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth.  ( 21 min )
    How to Calculate Profit Margin
    Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them to analyze a company's profitability.  ( 28 min )
    Assumable Mortgage: What It Is, How It Works, Types, Pros & Cons
    An assumable mortgage is a type of financing arrangement in which an outstanding mortgage can be transferred from the current owner to a buyer.  ( 27 min )
    Zero Cost Collar: Definition and Example
    A zero cost collar is an options strategy used to lock in a gain by buying an out-of-the-money (OTM) put and selling a same-priced OTM call.  ( 20 min )
  • Open

    Huizenprijzen zijn in april opnieuw gedaald
    De prijzen van koopwoningen zijn in april voor de derde maand op rij gedaald. Gemiddeld betaalden kopers 4,4 procent minder dan een jaar eerder, blijkt uit cijfers van het CBS en het Kadaster.  ( 3 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
    Bang dat je vliegreis wordt geannuleerd? Kies voor een pakketreis
    Honderden vluchten van Transavia zijn al geannuleerd en mogelijk volgen er meer. De Consumentenbond adviseert daarom om voor een pakketreis te kiezen. "Kies voor zoveel mogelijk bescherming."  ( 5 min )
    Graaiflatie komt voor, maar is ook politieke term om bedrijven te zwart te maken
    We hebben al anderhalf jaar te maken met een torenhoge inflatie. Dat is onder meer terug te zien aan onze energierekening en boodschappen. Critici denken dat bedrijven misbruik maken van de situatie en de prijzen extra verhogen voor eigen gewin: de zogenoemde graaiflatie. Deskundigen twijfelen daarover.  ( 5 min )
  • Open

    Morgan Stanley CEO Stepping Down, Among Last From Era of Great Financial Crisis
    Morgan Stanley CEO's departure severs more banking ties to the global financial crisis; only a handful of CEOs at large U.S. banks during the 2008-09 financial crisis remain in place.  ( 1 min )

  • Open

    Mike Rowe's warning to white collar workers: 'The robots are coming' for 'your white collar job'
    'How America Works' host Mike Rowe unpacks how A.I. developments could impact jobs and offers a message to workers in light of white-collar recession fears.  ( 39 min )
    BofA says AI is in a 'baby bubble' that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT
    No content preview
    Home prices have dropped the most in 11 years with soaring mortgage rates driving away would-be buyers
    US home prices fell nearly 2% year-over-year in April, according to the National Association of Realtors.  ( 37 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile
    You've made it to the end of the week -- congrats, by the way -- and to Week in Review (WiR), TechCrunch's regular newsletter covering the week that was in tech. On May 24, TechCrunch Live, TC's podcast about founder stories, will host Romi Gubes, the co-founder of Sensi.AI, in a discussion about how the company uses audio-based software to monitor patients and assist medical staff and family members with care. Meanwhile, TechCrunch City Spotlight will go virtual on June 7 with a focus on Atlanta, where speakers will present about building businesses in the exploding metro and startups will apply to participate in TC's famed Battlefield 200.  ( 40 min )
    It’s Time to Rethink Love for Cash With Fed Most Likely ‘Done’
    (Bloomberg) -- Wall Street investors sitting on a pile of cash could start considering other opportunities, with the Federal Reserve possibly heading for a pause in interest-rate hikes, according to Tom Kennedy, chief investment strategist for global wealth management at J.P. Morgan. Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderTraders Br  ( 41 min )
    Corporate America Hit by Rate-Sticker Shock: Credit Weekly
    (Bloomberg) -- Corporate America is waking up to what higher interest rates really mean.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutCompanies across the credit spectrum are facing sharply higher financing costs after the Federal Reserve raised its benchmark rate for ten consecutive meetings, bringing it to a range of 5% to 5.25% ear  ( 40 min )
    Bond Market Caught Between Fears of US Debt Default, Rate Hikes
    (Bloomberg) -- Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to the rescue with rate cuts this year. Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitStock Market Keeps Rallying, Defying Doom ScenariosThe latest shift in  ( 39 min )
    US Inflation Set to Stay Firm in Challenge for the Fed
    (Bloomberg) -- The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal Reserve officials about whether they’ve made enough progress on inflation to step off the monetary-policy brakes.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidelines of G-7 SummitM  ( 41 min )
    Warren Buffett swapped shares for cocoa beans in a weird 1950s deal. Billionaire Thomas Pritzker just told his father's side of the story.
    No content preview
    This investor holds $74 million in Tesla stock. Here's why he's bullish on the future of Elon Musk's EV company.
    No content preview
    'Elon has his mojo back': A top Tesla investor shares the biggest takeaways from the shareholder meeting and why the stock is a must-have in your portfolio now
    No content preview
    Wall Street increasingly doubts Fed can meet 2% inflation target
    (Bloomberg) -- Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderStock Market Keeps Rallying, Defying Doom ScenariosMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownZelenskiy Meets W  ( 40 min )
    These are the most common disruptions seniors face in retirement
    Roughly half of today’s retirees (48%) say their retirement has involved even more surprises and challenges than expected.  ( 40 min )
    A Professor Spent Years Helping His Mother. Now He Needs to Figure Out His Finances.
    A financial adviser weighs in on when he can afford to stop teaching.  ( 27 min )
    Icahn Is No Saint, but Illumina Can Still Use a Flawed Savior
    Despite a short seller’s accusations that his company has inflated its asset prices, Carl Icahn’s effort to shake up Illumina’s board is still very much in the interest of shareholders.  ( 26 min )
    Many married couples are making subpar retirement choices, study finds
    Many married couples are leaving retirement money on the table, according to a new working paper, and those with signs of trouble are most at risk.  ( 39 min )
    Roth 401(k) Contribution Limits For 2023
    No content preview
    Is It Even Possible to Say I Do to My Partner Without Saying I Do to Wedding Debt, too?
    No content preview
    How to Save $10,000 in Just 1 Year
    We would all like to save a bit more money. Whether you want a better safety net, need to pay off debt or are saving up for a big purchase, having extra cash on hand is a good thing. It's … Continue reading → The post How to Save $10,000 in a Year appeared first on SmartAsset Blog.  ( 40 min )
    Top 5 China Stocks To Buy And Watch: EV Leaders Show Spark
    No content preview
    Will I Owe Taxes on My Non-Qualified Annuities?
    Non-qualified annuities have some unusual tax advantages. With these contracts, you invest money using after-tax dollars. The money in the annuity then grows tax-free or technically tax-deferred, until the contract matures. At that point, called the "annuitization," you begin receiving … Continue reading → The post Non-Qualified Annuity Taxation: Guide appeared first on SmartAsset Blog.  ( 40 min )
    How to Financially Support Family Members With Special Needs After You Die
    Ensuring the long-term financial stability of a loved one with special needs can be an exceptionally confusing process. Public programs like Medicaid and Supplemental Security Income (SSI) will provide for them and pay for their services for the rest of … Continue reading → The post Special Needs Trusts Vs. ABLE Accounts appeared first on SmartAsset Blog.  ( 40 min )
    How Much Money Do I Really Need to Retire?
    While there may not be a more common or consequential financial question then "how much money do I need to retire?," there isn't a one-size-fits-all answer. One person's retirement income needs will be different from the next, depending on their … Continue reading → The post How Much Money Do You Need to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Retirement Annuitization vs. Withdrawals: Which Will Cost Me Less?
    Purchasing an annuity can provide you with an additional stream of income for retirement. One thing you'll have to decide is to annuitize payments or opt for lifetime withdrawals. Whether it makes sense to opt for annuitization vs. withdrawal can … Continue reading → The post Annuitization vs. Lifetime Withdrawals for Annuities appeared first on SmartAsset Blog.  ( 40 min )
    Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
    (Bloomberg) -- Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been in more than a decade, suggesting they’re braced for a recession that could cause contracts from crude to jet fuel to take another tumble.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets With India’s Modi on Sidel  ( 40 min )
    MercadoLibre Leads 5 Stocks Near Buy Points From This Classic Bullish Pattern
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    China’s Wavering Recovery Reverses Copper Rally
    Copper prices have slumped to a five-month low, also reflecting the resolution of supply disruptions and some traders stepping up bearish bets against the metal.  ( 27 min )
    San Francisco is reportedly investigating Twitter over possible building code violations
    San Francisco authorities have opened a new investigation into Twitter after six former senior employees filed a lawsuit against the company, according to AP and the San Francisco Chronicle.  ( 38 min )
    The ‘dysfunctional’ debt ceiling fight could deal a $12 trillion blow to the American economy if Washington doesn’t get its act together
    There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?  ( 41 min )
    The high-stakes debt ceiling fight could be a $12 trillion blow to the American economy: Here are 3 disasters a default would trigger
    Janet Yellen has warned that defaulting on the debt would be a "catastrophe," but do you really know what that means?  ( 40 min )
    New York skyscrapers sit empty as Manhattan reels from rise of home working
    Simon Mitchell’s office in Union Square, New York City has had an eerily empty feel since the Covid pandemic. With four in five desks unused in a space with capacity for 300, the marketing manager only goes in when he feels like he might have some company.  ( 41 min )
    Buy Side from WSJ | Best Dividend Stocks of 2023
    Steady investments for an unsteady market  ( 47 min )
    Debt-Ceiling Standoff Could Start a Recession, but Default Would Be Worse
    Economists assess the damage that could occur in three scenarios ranging from a last-minute deal to a lengthy impasse.  ( 27 min )
    Auto Dealers Finally Have Cars to Sell Again
    Some brands are getting heavier on inventory than others as shoppers’ concerns about rising interest rates put a dent in demand.  ( 27 min )
    Memory chip market may be showing signs of bottoming out as China's YMTC leads Samsung, Micron in raising prices
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    AT&T opposes the Starlink and T-Mobile satellite-to-phone service plan
    AT&T has raised concerns that Starlink's and T-Mobile's satellite service, in its current proposed state, could interfere with existing wireless services.  ( 37 min )
    Goldman’s David Solomon: There’s More Banking Consolidation to Come
    The Goldman Sachs CEO sees more challenges for small and midsize institutions as the cost of banking continues to climb.  ( 22 min )
    A $518 Billion Rally Shows Japan Stocks Are All the Rage in 2023
    (Bloomberg) -- Some of the world’s most famed investors and the biggest Wall Street banks are voicing a near consensus that Japan’s stock market is the place to be as its larger peers — the US and China — grapple with rising economic headwinds.Most Read from BloombergDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesStock Market Keeps Rallying, Defying  ( 40 min )
    Explainer-What India's decision to scrap its 2000-rupee note means for its economy
    India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock move in 2016 when the Narenda Modi-led government had withdrawn 86% of the economy's currency in circulation overnight.  ( 38 min )
    US stocks close lower after Republicans and the White House hit an impasse in debt-ceiling talks
    "We've got to get movement by the White House and we don't have any movement yet," House Speaker Kevin McCarthy said about the stalled debt talks.  ( 38 min )
    Yes, a College Degree Is Still Worth It
    College graduates continue to command higher wages, but to combat falling enrollment, schools need to emphasize skills over credentials.  ( 25 min )
    America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing
    The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger.  ( 23 min )
    Americans view gold as a better investment than stocks for the first time since 2013. Here's why that's a good sign for the stock market.
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    Dow Jones Futures: Debt-Ceiling Talks Resume; Nvidia Earnings Key For Market Rally
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  • Open

    FHA Loans vs. Conventional: What’s the Difference?
    FHA loans and conventional loans are both types of mortgages—but an FHA loan is intended for borrowers with lower credit scores and income.  ( 29 min )
    Triangular Arbitrage: Definition and Example
    Triangular arbitrage involves the exchange of a currency in a series of three currency pairs over a short amount of time for a profit.  ( 20 min )
    Reciprocal Insurance Exchange: Definition, How It Works, Example
    Reciprocal insurance exchanges are where individuals and businesses exchange insurance contracts to spread the risk among themselves.  ( 22 min )
    6 Basic Financial Ratios and What They Reveal
    When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 25 min )
    How Do SPDRs, Vanguard ETFs, and iShares Differ?
    iShares, Vanguard ETFs, and spiders each represent different exchange-traded fund (ETF) families. Learn more about these ETF families and their differences.  ( 19 min )
    No-Appraisal Refinancing: Definition and Eligibility
    No-appraisal refinancing means that a lender does not require an independent assessment of a home’s value to extend a new mortgage.  ( 21 min )
    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 15 min )
    Government National Mortgage Association (Ginnie Mae): History and Programs
    Ginnie Mae is a federal government corporation that links the United States housing market to capital markets, providing low-cost financing for federal housing programs.  ( 21 min )
    Archer MSA Definition
    An Archer MSA is a medical savings account established in the 1990s and named after Texas Congressman Bill Archer.  ( 22 min )
    Budgeting for New Baby: Ongoing & One-Time Expenses
    This little member of your family will be a big expense. Find out what you need to budget for and how to save.  ( 26 min )
    Insurance Risk Class Definition and Associated Premium Costs
    An insurance risk class has similar characteristics, which are used to determine the risks of underwriting a policy and the premium that should be charged.  ( 22 min )
    Top Reasons Banks Won't Cash Your Check
    Cashing a check isn't always easy. Problems can include the age of the check, the amount of the check, and proof of identity of the person cashing it.  ( 22 min )
    Bank Deposits
    Bank deposits are money placed into a deposit account at a banking institution, such as savings accounts, checking accounts, and money market accounts.  ( 23 min )
    Here's How Citadel Star Priyanka Chopra Made Millions
    Hair care, homeware brand and even a custom popcorn flavor are among her brands  ( 20 min )
    Corrective Waves Definition
    Corrective waves are a set of price movements normally associated with the Elliott Wave Theory of technical analysis.  ( 18 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 17 min )
    Apple Users Can 'Talk' To ChatGPT Using New App. Here's What You Can Do With It.
    OpenAI's new ChatGPT app for Apple's iOS will allow users to use the chatbot "on the go," give it voice commands and receive ad-free recommendations.  ( 17 min )
    How to Evaluate a Company's Balance Sheet
    A company's balance sheet should be interpreted when considering an investment as it reflects their assets and liabilities at a certain point in time.  ( 26 min )
    How RIAs Can Avoid Discrimination in Hiring
    RIAs that operate their own small businesses may have HR departments with different experience than corporations, and may be more likely to make mistakes.  ( 24 min )
    Marriage vs. Common-Law Marriage: What's the Difference?
    The number of unmarried couples is on the rise, but they may not have similar benefits to married couples unless they have a common-law marriage.  ( 31 min )
  • Open

    U.S. Stocks Advance Despite Retail Investors' Lethargy
    U.S. stocks have advanced in recent weeks despite substantially lower buying activity from retail investors.  ( 1 min )
    Beat of the Week: Bath & Body Works Posts Biggest Weekly Gain Since November
    Bath & Body Works (BBWI) shares rise to two-month high after posting better-than-expected earnings and raising guidance for the year.  ( 1 min )
    Markets Fall as Debt Ceiling Talks Pause
    U.S. equities declined on Friday, May 19, 2023 as GOP negotiators called for a pause in talks to raise the federal debt ceiling.  ( 1 min )
  • Open

    Zelfscankassa's en inflatie leiden tot meer gepik in supermarkt
    Klanten van supermarkten namen vorig jaar vaker iets mee zonder te betalen dan in 2021. Supermarkten liepen daardoor gemiddeld 66.300 euro per winkel mis. In 2021 lag dat bedrag ongeveer 20.000 euro lager, blijkt uit onderzoek van retailspecialist Marshoek waar NOS over schrijft.  ( 3 min )
    Waarom boycot rechts Amerika merken zoals Disney?
    Sommige grote Amerikaanse merken en bedrijven worden geboycot door Republikeinen. Volgens rechts-conservatief Amerika zijn bedrijven als Disney te 'woke', omdat ze zich veel met sociale kwesties bezighouden. Wat is er aan de hand?  ( 4 min )
    Adidas verkoopt berg aan Yeezy-spullen, opbrengst deels naar goede doelen
    Adidas begint eind mei met de verkoop van de spullen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye. Volgens het sportmerk gaat "een aanzienlijk deel" van de opbrengsten naar het goede doel.  ( 3 min )
    Make-upinfluencers maken jongeren te onzeker, vindt de cosmeticabranche
    Jonge influencers zijn belangrijk voor cosmeticamerken. Als een mascara of huidcrème viral gaat, is de kans groot dat het een goedlopend product wordt. Toch probeert de Nederlandse Cosmetica Vereniging deze reclames te beteugelen: "Merken realiseren zich niet wat de gevolgen zijn voor het zelfbeeld van jongeren."  ( 5 min )
  • Open

    Catalent Shares Climb After Positive Comments About the Firm's Business
    Catalent shares jumped after the contract drug maker said customer supplies are strong and it's getting "significant" new business.  ( 1 min )
    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
    Foot Locker reported first quarter earnings and revenue that came short of analyst estimates and lowered its guidance.  ( 1 min )

  • Open

    The 5 Stocks That Rule This Market—and Make Investors Nervous
    Apple and its compatriots have returned an average of 50% in 2023, accounting for roughly 80% of the S&P 500’s 8% gain.  ( 22 min )
    Stock Market Shrugs Off Doomsday Scenarios. It Might Be Right.
    There’s a bear market in worry on Wall Street—about higher rates, a debt-ceiling debacle, and more. When sentiment is this bearish, gains often follow.  ( 22 min )
    Berkshire Stock Buys Still Get a Buffett Bounce—but Maybe Not the Expected Results
    Over the past few years, Berkshire Hathaway has engaged in more rapid trading in its $350 billion portfolio. Some plays are made by Warren Buffett’s lieutenants.  ( 23 min )
    A Wounded Carl Icahn Makes His Play at a Struggling Illumina
    The legendary activist, whose own company is under attack, has launched a proxy contest for three seats on the gene-sequencing giant’s board, which is mired in a messy acquisition. The stakes are high for both.  ( 23 min )
    Western Alliance Stock Is Positioned to Outperform Peers
    Analysts weigh in on Western Alliance, YETI Holdings, Expedia Group, MercadoLibre, and Nvidia  ( 22 min )
    Tesla Stock’s Twitter Overhang Is Gone. Here’s What Comes Next.
    It was a bumpy ride, as is usually the case with Tesla stock, but shares are up more than $11 since Musk announced he found a CEO for Twitter.  ( 22 min )
    These are the top 10 stocks held by 'Big Short' investor Michael Burry
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    Why an Interest Rate Hike Is Still on the Table for June
    Recent data point to consumer strength and even a pickup in housing. That leaves the Federal Reserve room to raise interest rates again in June.  ( 22 min )
    Third Point to Pay Out Hedge-Fund Redemptions with Cash and IOUs
    Daniel Loeb's Third Point told its hedge-fund clients Friday that investors exiting its funds would be paid out with a mix of cash and the equivalent of an IOU for about 9% of their money, according to a letter viewed by The Wall Street Journal. The new redemption policy highlights the frozen state  ( 20 min )
    Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
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    JetBlue and American Airlines were ordered by a judge to end their alliance in the Northeast US
    A federal judge in Massachusetts struck down a partnership between JetBlue and American Airlines to coordinate routes and schedules in the Northeast US, which had effectively combined the Boston and New York operations of the two carriers. Citing antitrust grounds, the judge ruled that the deal was a “naked agreement not to compete.”  ( 39 min )
    Stock Market Action Plan: Nvidia, D.R. Horton And A Wave Of Retail Earnings
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    Walmart, Tesla, Micron: Stocks That Defined the Week
    Seven major companies whose stocks moved on the week’s news.  ( 26 min )
    Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
    (Bloomberg) -- Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers dwindle to the lowest level in almost a year-and-a-half, increasing pressure on lawmakers to strike a deal to raise the debt limit as negotiations show signs of faltering on Capitol Hill.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstDebt-Limit Talks Resume After Optimis  ( 39 min )
    LGBTQ+ group suspends Bud Light maker's rating over handling of backlash to transgender influencer
    The country's largest advocacy group for LGBTQ+ rights has suspended its benchmark equality and inclusion rating for Anheuser-Busch, citing the beer company's handling of the hate-filled and transphobic backlash to its partnership with transgender influencer Dylan Mulvaney last month. The Human Rights Campaign informed the Bud Light maker that it suspended the company's 2022 Corporate Equality Index score — a tool that measures corporate policies, practices and benefits related to the well-being of lesbian, gay, bisexual, transgender and queer employees — on May 9, according to a letter shared with the The Associated Press on Friday. The suspension of Anheuser-Busch’s CEI score means that the company “no longer has the right to use the ‘Best Places to Work’ distinction,” HRC’s letter says.  ( 39 min )
    VMware Extends Deadline for Takeover by Broadcom in Face of Scrutiny
    (Bloomberg) -- VMware Inc. has agreed to extend the deadline for its takeover by Broadcom Inc. as the $61 billion deal faces regulatory scrutiny. Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedThe companies are now a  ( 38 min )
    Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador
    The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.  ( 39 min )
    It’s Time to Think Bigger on AI. These 8 Stocks Could Be the Next Winners.
    If AI is going to change the world, investors will have lots of ways to play the theme. Here are ideas that go beyond Nvidia, Microsoft, and Alphabet.  ( 23 min )
    Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley
    Investors in Asia seem to be betting bigger on American A.I. than China's.  ( 39 min )
    Stock Market Keeps Rallying, Defying Doom Scenarios
    (Bloomberg) -- A recession will torpedo stocks. Or banking turmoil. Or a government default, or falling earnings, or a too-aggressive Federal Reserve.Most Read from BloombergMcCarthy Puts Debt-Limit Talks on ‘Pause’ as Clock Ticks DownDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutDisney Closes Florida Star Wars Hotel, Scraps Plan to Move 2,000 EmployeesMorgan Stanley CEO Gorman to Step Down Within 12 MonthsWall Street Fears $1 Trillion Aftershock From Debt DealDoom-saying is never  ( 41 min )
    Semiconductor Stock Rambus Could Be An Acquisition Target: Analyst
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    ON Semiconductor Seen Outpacing Rivals In Silicon Carbide Chips
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    Foot Locker Stock Tumbles After Earnings Report
    Shares of Foot Locker tumbled Friday after the retailer missed Wall Street expectations in its latest quarterly report and slashed its outlook for the full year. The stock closed down 27%. Foot Locker [posted adjusted earnings](https://www.wsj.com/articles/foot-locker-fl-q1-earnings-report-2023-8f  ( 18 min )
    This Little-Known Hotel REIT Is Up 46% Over The Past Two Months
    Most of 2022 was bad for real estate investment trusts (REITs), particularly the hotel REIT subsector, as inflation, Federal Reserve rate hikes, hurricanes, airline delays and the threat of a recession provided headwinds for the group. Several hotel REITs lost as much as 40% to 50% of their value throughout the year. But some hotel REITs have bounced back in 2023 as the hospitality industry saw an uptick in business and personal travel. Many hotel REITs announced first-quarter operating results  ( 40 min )
    Shun mega-cap tech stocks as a 'big asset bubble' is building in growth shares, Bank of America's top strategist says
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    Boeing, First Solar, and Viking Therapeutics Notch Stellar Performances Over the Last Year
    Three stocks have had stellar performances over the last 12 months in their respective indexes, according to Dow Jones Market Data as of Friday afternoon. The best performer in the Dow Jones Industrial Average is aerospace giant Boeing (BA), which has gained 70% over the last 12 months. The best p  ( 23 min )
    Homebuilders Are Booming. There Are Two Big Reasons Why
    Homebuilder shares have been some of the top-performing stocks of the past year. Five big builders—including D.R. Horton, Lennar and PulteGroup—are trading near record highs, even with Friday's rare declines. This is probably not what investors expected when the Federal Reserve began raising intere  ( 18 min )
    'We Are Going Up': New York Mets Owner Steve Cohen Identifies 'Big Wave' Of Opportunities In This Segment. Here's How He's Positioning His Bets
    Heightened interest rates have cast a shadow of doubt over stock market optimism, intensifying concerns of a looming economic downturn. Many experts have called for a recession. But billionaire hedge fund manager and New York Mets owner Steve Cohen is taking a bullish stance. “I’m making a prognostication — we’re going up,” he said at a private conference, according to Bloomberg. Cohen knows a thing or two about navigating the markets and rising to the top. After all, the hedge fund manager’s ca  ( 40 min )
    Tyson Insiders Bought Up the Beaten-Down Shares
    A disappointing quarterly report hammered Tyson stock. CEO Donnie King led a group of executives in scooping up shares.  ( 22 min )
    How a U.S. debt default could impact your money
    "It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.  ( 39 min )
    The stunning tech rally that boosted Meta and Nvidia by over 100% will fizzle out soon, top RBC strategist says
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    Tesla offering discounts of over $1,300 on some U.S. Model 3 cars-website
    Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, at a time when the electric carmaker has raised U.S. prices on most newly ordered cars this month. Tesla, which this year has aggressively cut vehicle prices in several regions, is resorting to the traditional automakers' tactic of offering incentives to clear inventory at a time when it faces economic headwinds and rising competition, industry analysts say. Tesla CEO Elon Musk told shareholders on Tuesday the company will try advertising for the first time, in a move seen by analysts to drum up demand.  ( 38 min )
    Goldman Sachs Says Small-Cap Stocks Are Attractively Valued at Current Levels; Here Are 2 Names the Banking Giant Likes
    Small-caps may be poised for another lackluster year, but according to Luke Barrs, asset manager and global head of client portfolio management for the investment bank Goldman Sachs, there are compelling factors that make them an attractive investment choice. Acknowledging the risks and poor sentiment that characterize the current market, Barrs goes on to say, “There are many parts of the small-cap space that are being penalized due to the macro concerns of the past couple of years.” He further  ( 42 min )
    Warren Buffett's Berkshire Hathaway And Two More Stocks Hit New Highs
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    The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns
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    Alibaba Makes Another Step Towards Unlocking Value
    On May 18th, following Walmart (NYSE: WMT) who topped estimates due to resilient customers, Alibaba Group Holding Limited (NYSE: BABA) showed it has made significant progress on the profitability front, despite quarterly revenue missing expectations. This is the first report since its historical restructuring that split the company into six business units and also the first since COVID-19 restrictions were eased at the end of last year. Fourth Quarter Highlights Revenue for the quarter ended on  ( 39 min )
    Carl Icahn bet on America to fail. Instead he lost $9 billion
    A short seller accused the billionaire of covering up his losses by bribing shareholders with a dividend. Now he admits his 'mistake': 'Don't fight the fed'  ( 40 min )
    Everyone Is Focusing on Bud Light’s Transgender Controversy. They’re Missing a Bargain Stock Opportunity.
    The controversy over Bud Light’s transgender promotion obscures Anheuser-Busch InBev’s push to boost global sales and revenue growth  ( 22 min )
    The biggest home buyers in America are now selling more property than they're buying
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    Household bills to plunge by £500 as Putin's energy war fails
    Household energy bills are expected to fall by an average £500 from July in a sign that Vladimir Putin's attempt to "weaponise" Russia's gas supplies have failed.  ( 62 min )
    Analyst Report: Walmart Inc
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    Analyst Report: UWM Holdings Corporation
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    US regional bank stocks fall after Yellen says more bank mergers necessary
    Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet Yellen told bank chief executives that more mergers may be necessary following a series of bank failures. Yellen also reaffirmed the strength and soundness of the country's banking system at the meeting with bank CEOs on Thursday in the aftermath of the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank. The KBW Regional Banking Index fell 3%, with shares of PacWest Bancorp and Western Alliance among the biggest losers as they shed 4% each.  ( 39 min )
    Brazil’s Market Likes Its New President. 6 Stocks to Play.
    The catalyst for the market’s upturn is a set of fiscal rules by Brazil’s president to fix recurring budget deficits. Investors were pleased.  ( 22 min )
    Market Update: AMAT, EA, WMT, UWMC
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    Western Alliance, KeyCorp Fall as Report Says Yellen Notes More Bank Mergers May Be Needed
    Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be necessary, according to a report from CNN.  ( 23 min )
    GE CFO Leaving Because Soon There Will Be No GE
    GE announced that CFO Carolina Dybeck Happe will leave and Rahul Ghai will take over. Given what's coming, it makes a lot of sense.  ( 22 min )
    Forget Apple Stock. Here’s the Reason the S&P 500 Is Doing So Well.
    Apple makes up about 8% of the S&P 500's market cap, while Nvidia and other AI-focused companies make up around 15%.  ( 26 min )
    Nine Rounds of Interviews and No Call Back: It’s Harder Than Ever to Land a White Collar Job
    Hiring for the office set is slowing down and employers are getting picky again  ( 28 min )
    Foot Locker Steps in It, Keeps Moving
    The new CEO has laid out a sensible strategy, but progress is difficult to see in such a challenging economic environment.  ( 27 min )
    What's Going On With Nvidia Stock Friday
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    Artificial intelligence gives real boost to U.S. stock market
    Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. The S&P 500's 9% rally this year has been driven by a handful of the index's biggest stocks, a number of which are at the center of the AI frenzy that has spread in the wake of the chatbot sensation ChatGPT. Five stocks - Microsoft, Google parent Alphabet, Nvidia, Apple and Meta Platforms - are responsible for the S&P 500's entire year-to-date return, said Jessica Rabe, co-founder of DataTrek Research.  ( 39 min )
    Republicans storm out of ‘unreasonable’ debt ceiling talks with White House
    Joe Biden cut short a dinner with Rishi Sunak and other world leaders on Friday as crunch talks over raising America's debt ceiling continued.  ( 38 min )
    Powell Signals a June Pause, Says Fed Can Afford to Watch Data
    (Bloomberg) -- Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month and said that tighter credit conditions could mean the policy peak will be lower.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealMorgan Stanley CEO Gorman to Step Down Within 12 MonthsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedUkraine Leader Zelenskiy to Visit  ( 38 min )
    Disney stock slumps on Wall Street downgrade citing 'near-term uncertainties'
    Disney shares are under pressure after one Wall Street analyst said uncertainties like declining linear networks, direct-to-consumer hurdles, and a slowing parks business are clouding the media giant's future.  ( 40 min )
    Stock Market Slumps as Republicans Walk Out of Debt Ceiling Talks
    Stocks were dropping sharply Friday amid disappointing news about debt ceiling discussions. The Dow Jones Industrial Average shed 134 points, or 0.4%, the S&P 500 lost 0.3%, and the Nasdaq Composite fell 0.4%. Negotiators broke off talks on the debt ceiling Friday morning, The Wall Street Journal  ( 26 min )
    Stocks Waver During Powell’s Speech
    Stocks gave back earlier gains during remarks by Federal Reserve Chairman Jerome Powell at the Thomas Laubach Research Conference in Washington D.C. that underlined the  ( 24 min )
    Catalent Stock Surges Even as It Needs More Time to Post Quarterly Figures. Here’s Why.
    Catalent reduces fiscal 2023 revenue guidance but says its customer supply situation remains 'healthy' and that it continues to 'win significant new business.'  ( 22 min )
    Apple Is Reaching Deeper Into Your Pocket. Why PayPal and Other Fintechs Should Be Scared.
    The iPhone maker is expanding its virtual wallet to take on many of the functions performed by fintechs, like paying bills, issuing credit cards, or offering buy-now-pay-later service.  ( 23 min )
    3 Retail REITs On The Rebound
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    These Stocks Are Moving the Most Today: Deere, Foot Locker, Applied Materials, Farfetch, Alibaba, Palantir, and More
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    Chinese Tech Giants’ Results Reflect Lackluster Economic Recovery
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    Analysis-US debt ceiling deal could stall safety flight fueling megacap rally
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    Carl Icahn lost $9 billion on an ill-timed short trade. Here's what he says are 3 big lessons from the soured bet.
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  • Open

    Fiduciary Designations for Financial Advisors
    The Center for Fiduciary Studies offers the designations of AIF and AIFA, learn how they can help you and your clients enjoy a comfortable retirement.  ( 21 min )
    Dow Jones Today: Debt Deal Pause Drives Down Index
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    Top CD Rates Today, May 19
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    Catalent Shares Climb After Positive Comments About the Firm's Business
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    Markets Fall as Debt Ceiling Talks Pause
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    Foot Locker's Profit and Sales Miss Estimates, and the Retailer Cuts its Outlook
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    The 60-40 Portfolio Makes a Comeback
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  • Open

    Voor het eerst Nederlander op Amerikaanse sanctielijst om Russische kernwapens
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  • Open

    The 60-40 Portfolio Makes a Comeback
    The traditional "60/40" investment strategy is making a comeback, with the portfolio of 60% stocks and 40% bonds seeing a 28% jump so far this year, the best return since 1995.  ( 1 min )
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  • Open

    Berkshire Buys More Occidental Stock, Upping Stake to Nearly 25%
    Berkshire Hathaway bought about $200 million of Occidental stock in recent days, bringing its stake to $12.7 billion  ( 22 min )
    Oracle Stock Nears 2021 Highs; Big Tech Firm Teams Up With Nvidia On AI
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    AT&T Is Spending Billions to Wire U.S. for Fast Internet as Rivals Take Different Path
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    We must fight back against end of home working, says Microsoft executive
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    ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
    Vintage sci-fi series The Twilight Zone told unsettling stories in which ordinary folks found themselves in outré situations and encountering exceptional circumstances. For Larry Adam, chief investment officer at Raymond James, given the “rapidly changing twists and turns we’ve seen in the global economy and the financial markets over the last few years,” it sometimes feels as if we have stepped into a modern-day iteration of the Twilight Zone. However, for those spooked by what does seem like a  ( 43 min )
    Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending
    (Bloomberg) -- Applied Materials Inc., the biggest maker of semiconductor-making machinery, expects sales to decline in the current quarter, though not as sharply as analysts had feared.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsWall Street Fears $1 Trillion Aftershock From Debt DealHere’s How Much Wealth You Need to Join the Richest 1% GloballySam Zell, Billionaire Real Estate Investor, Dies at 81Supreme Court Leaves Intact Social Media Liab  ( 39 min )
    Widowed husband sues driver, bars after DUI crash killed bride on wedding night
    The alleged drunk driver who police say slammed into newlyweds riding along a South Carolina beach road now faces a wrongful death lawsuit alongside several establishments accused of overserving her on the night of the crash, which killed the bride. Four bars gave “copious amounts of alcohol” to a “visibly intoxicated” woman, identified as Jamie Lee Komoroski, last month before she drove 40 miles over the speed limit into a golf cart carrying the couple away from their wedding reception, according to a new lawsuit filed May 17. The April 28 wreck killed Samantha Miller, 34, and injured the groom, Aric Hutchinson, and two other passengers.  ( 39 min )
    Applied Materials Beats Earnings and Revenue Estimates. The Stock Slips.
    Revenue came in at $6.63 billion for the quarter, above analysts’ expectations of $6.39 billion.  ( 22 min )
    Disney Ends Plans to Relocate Thousands of Employees to New Florida Campus
    The move comes as the entertainment company is cutting costs, reversing moves by its previous CEO and fighting with Florida.  ( 28 min )
    Teva to Slim Down Generic Drug Business in Turnaround Effort. The Stock Is Jumping.
    The new corporate strategy aims to deliver a “pivot to growth," the drugmaker said.  ( 23 min )
    Banks Vying for Deposits Outbid by High-Yielding Treasuries
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    Elizabeth Warren: 'Very troubled' by First Republic sale to JPMorgan
    Senator Elizabeth Warren confronted regulators about a deal that made the nation's largest bank even bigger.  ( 41 min )
    Pennsylvania Farmer Behind $5 Trillion Trend Speaks Out: I Created A Monster
    Add up the market valuation of Apple Inc., all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on a modest farm in rural Pennsylvania. You would never guess the farm’s owner set in motion a $5 trillion force that grows each fortnight. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This  ( 40 min )
    Big-name investors are going all-in on AI
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    Palantir Stock Jumps After a Big Purchase by Cathie Wood’s Ark
    Shares of Palantir jumped 13% on Thursday, on pace to close at a fresh 52-week high. The move comes after innovation investor Cathie Wood's Ark Investment Management disclosed a large purchase of Palantir on Wednesday. The firm said it bought more than 900,000 shares of Palantir for its flagship  ( 25 min )
    Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
    Charlie Javice, who has been accused of defrauding JPMorgan Chase & Co through her now-shuttered college financial aid company Frank, has been indicted over her relationship with the bank. A four-count indictment made public on Thursday in Manhattan federal court charges Javice with securities fraud, wire fraud, bank fraud and conspiracy.  ( 38 min )
    150,000 Laid-Off Tech Workers Fuel Massive Wave Of New Startups – And They're Actually Making More
    This year did not start off great for many tech workers. After tens of thousands of layoffs in 2022, tech companies continued to shed workers in round after round of layoffs. Technology companies from Microsoft Corp. to Meta Platforms Inc. announced thousands of layoffs at the beginning of the year. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families A report from placement services firm Challenger, Gray & Christmas  ( 41 min )
    Nvidia Stock Rises After Oppenheimer and Susquehanna Lift Price Targets
    Nvidia (ticker: NVDA) stock was rising following two price target lifts from analysts who are upbeat about the development of artificial intelligence tools and the subsequent  ( 25 min )
    What's Going On With Palantir Technologies Stock Thursday
    Palantir Technologies Inc (NYSE: PLTR) shares are shooting upwards Thursday after Cathie Wood's Ark Invest on Wednesday added 1.26 million shares to its kitty valued at $13 million. Thursday's session volume spiked to 84.4 million versus the 100-day average volume of 39.5 million. The data intelligence software firm posted upbeat quarterly numbers on May 8, reporting first-quarter sales of $525.19 million, up by 17.7% year-on-year, which beat the consensus estimate of $505.60 million. Palantir's  ( 38 min )
    Miller Lite Defends Marketing Chief Over Satirical Ad Criticized as ‘Woke’
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    What Happens to Social Security Benefits if the U.S. Hits the Debt Limit?
    A disruption of benefits would strain the budgets of many of the 66 million Americans who get Social Security.  ( 28 min )
    Nasdaq Hits Highs As McCarthy Sees Path Ahead; Tech Leads The Charge
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    Hyundai, Kia agree to $200 million settlement over US car thefts
    Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles, lawyers for the owners and the automakers said on Thursday. In February, the Korean automakers said they would offer software upgrades to 8.3 million U.S. vehicles without anti-theft immobilizers to help curb increasing car thefts using a method popularized on TikTok and other social media channels. The settlement covers about 9 million U.S. owners and includes up to $145 million for out-of-pocket losses for consumers who had cars stolen, lawyers for the owners said.  ( 39 min )
    You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase
    People with health savings accounts (HSAs) got some good news this week when the IRS rolled out the largest contribution limit increases in history. In 2024, an individual with self-only coverage can save up to $4,150 in an HSA, while a … Continue reading → The post You May Be Eligible to Save Over $10K in Your HSA After Largest-Ever Contribution Limit Increase appeared first on SmartAsset Blog.  ( 40 min )
    Carl Icahn admits he got bearish bet that cost $9bn wrong
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Argenx Believes It Might Have 'One Of The Biggest Biologics' Ever — And Shares Are Soaring
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    Wall Street Fears $1 Trillion Aftershock From Debt Deal
    (Bloomberg) -- Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a deal to resolve the debt-ceiling impasse.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyWall Street Fears $1 Trillion Aftershock From Debt DealMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsSam Zell, Billionaire Real Estate Investor, Die  ( 41 min )
    Electric Vehicles Are Draining Billions From Profitable ICE Legacy Automakers With Ford Projecting $3 Billion in Losses
    There's nothing cheap about developing, manufacturing, delivering and investing in the future of electric vehicles (EVs). Ford Motor Co. is finding this out the hard way — just the same as many other automakers — with the company's EV unit projected to lose about $3 billion in 2023. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Is It A Big Deal? A lot can be said for Ford's honesty with the public, its investo  ( 40 min )
    Sam Zell, business tycoon who drove the L.A. Times into bankruptcy, dies
    Known as 'the Grave Dancer,' Zell was an unlikely media baron when he purchased the Tribune Co.  ( 45 min )
    Feeding the Need for Speed: AT&T's Grand $42.5B Plan to Expand Fiber-Optic Reach
    AT&T Inc (NYSE: T) is expanding its fiber-optic cable network to deliver fast internet speeds for customers, including those without broadband presence. AT&T has tapped BlackRock, Inc (NYSE: BLK) and eyes government funding to accelerate the build-out to fund the extravagant expansion worth $42.5 billion as its debt load outstrips its annual revenue, the Wall Street Journal reports. AT&T and BlackRock have collectively invested $1.5 billion in the Gigapower venture so far. AT&T will serve as the  ( 39 min )
    Sam Zell, billionaire real estate investor, dies at 81
    Billionaire real estate investor Sam Zell has died at the age of 81, his real estate investment trust Equity Residential said in a statement on Thursday.  ( 38 min )
    Not enough resources for EVs to be only cleaner car option, Toyota says
    A lack of resources means battery electric vehicles (BEV) cannot be the auto sector's only answer to climate change, Toyota Motor Corp's top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow to embrace BEVs, saying it has lagged Tesla Inc and others amid growing global demand. The world's top automaker by sales has countered that BEVs are just one option and that gasoline-electric hybrids, such as its pioneering Prius, are a more realistic choice for some markets and drivers.  ( 39 min )
    Dow Jones Lags Big Tech After Walmart, Cisco Reports; Progressives To Biden: End Debt-Ceiling Talks, Invoke 14th Amendment
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    Analyst Downgrades 4 REITs In One Morning: Is Your Stock One Of Them?
    Nobody likes to begin Monday morning hearing bad news, but that’s what happened this week to investors when Wolfe Research analyst Andrew Rosivach downgraded four real estate investment trusts (REITs) to kick off the new market week. Analysts carry a lot of weight, and when one or more downgrades a stock, it can cause shares to drop by several percentage points in just a few days. For example, on March 23, Barclays Investment Bank analyst Anthony Powell downgraded SL Green Realty Corp. (NYSE: SL  ( 41 min )
    This CEO Just Bought Over $9 Million In Company Stock
    It’s often said that a company’s prospects can be predicted by stock purchases made by company insiders. Insiders may sell stock for any number of reasons, but purchases are only made because the insider expects to make a profit on shares down the road. Studies have shown that when the company insider is high up in the organization, such as the CEO or chief financial officer, a purchase of company stock is even more significant for future price performance than when a purchase is made by a direc  ( 40 min )
    Alibaba Shares Are a Bet on Spinoffs, Not Growth
    Renewed hopes that big spinoffs will soon unlock substantial value for shareholders will probably provide a lift to the company’s stock in the near term.  ( 25 min )
    Stocks mixed amid debt debate, Walmart earnings: Stock market news today
    Stock futures rose on Thursday as America's largest retailer surprised to the upside with its quarterly earnings report.  ( 39 min )
    Nvidia Stock Has Soared This Year. The Case for It to Rise Higher.
    The chip maker is at the center of the AI feeding frenzy, which is making Wall Street bullish ahead of its earnings.  ( 22 min )
    Move over Apple, Step launches 5% savings account
    Step, the digital banking service geared toward teens and young adults, is now offering a 5% rate on its savings accounts. There are no monthly fees and no minimum balance requirements on the Step accounts, and customers who open an FDIC-insured savings account with up to $250,000. “The direct deposit is to encourage people to utilize the full suite of Step products,” CJ MacDonald, co-founder and CEO of Step, told TechCrunch.  ( 38 min )
    Persistently high inflation is causing a split among Federal Reserve officials over next steps
    The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes beginning in March 2022. Many Fed watchers have expected the central bank's officials to forgo another increase in their benchmark rate when they next meet in mid-June. On Thursday, Lorie Logan, president of the Federal Reserve Bank of Dallas, said she believes that the economic data so far doesn't support a pause in the central bank's rate hikes next month.  ( 40 min )
    Netflix says ad tier has 5 million monthly active users: 'The signals are promising'
    Netflix's ad-supported tier is beginning to show some signs of life.  ( 40 min )
    Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
    (Bloomberg) -- Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms, kicking off a long-awaited breakup that may help reverse anemic growth at China’s cloud and online commerce leader.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballySingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is D  ( 41 min )
    ‘Big Short’ Michael Burry Snaps Up These 2 Stocks — Here’s Why They May Be Worth Buying
    Some people are destined to always be known for one significant act, and whenever the name Michael Burry comes up, it’s obligatory to mention the Big Short, the book, and subsequent movie that detailed Burry’s exploits during the 2008 financial crisis. Betting against the housing market, Burry foresaw its collapse and pocketed huge profits. With the global economy once again appearing fragile, in recent times, Burry, who runs hedge fund Scion Asset Management, has periodically waded with forecas  ( 42 min )
    EyePoint Pharma Offloads Its Commercially-Available Eye Implant For $82.5M Plus Royalties
    EyePoint Pharmaceuticals Inc (NASDAQ: EYPT) has agreed to sell Yutiq (fluocinolone acetonide intravitreal implant) 0.18mg to Alimera Sciences Inc (NASDAQ: ALIM). Yutiq is a treatment for chronic non-infectious uveitis affecting the posterior segment of the eye. The FDA approved the treatment in October 2018. What Happened: Alimera will receive global rights to Yutiq outside of China, Hong Kong, Taiwan, Macau, and Southeast Asia, where Yutiq is exclusively licensed to Ocumension Therapeutics, and  ( 39 min )
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    It is possible to retire comfortably at 45 if you have $1.5 million. However, it's not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to … Continue reading → The post Can I Retire Comfortably With $1.5 Million at 45? appeared first on SmartAsset Blog.  ( 40 min )
    High-earning millennials say making over $100k doesn’t always add up to a lot: ‘Are we getting by? Yes. But we’re not getting ahead.’
    "I recognize that I’m extremely privileged, but I still feel mounting pressure when it comes to our finances," says Kelly, 29.  ( 47 min )
    Dow Jones Futures Fall After Jobless Claims; Walmart Rallies On Earnings
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    Schwab Raises $2.5 Billion in Bonds to Shore Up Finances
    Shares of the financial broker have dropped 35% over the past three months.  ( 22 min )
    EUR/USD Price Forecast – Euro Continues to Drift Lower
    The euro continues to drift lower on Thursday, as the US dollar is getting a bit of a reprieve. Whether or not this is a simple pullback or a change of direction remains to be seen.  ( 39 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    GE finance chief Dybeck Happe to step down
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    Walmart raises full year outlook as first quarter sales top expectations
    Walmart reported sales that beat expectations and raised its full year forecast in its quarterly report Thursday morning.  ( 40 min )
    Alibaba Stock Rises On Earnings, Spinoff News. But Is BABA Stock A Buy Now?
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    Alibaba Outlines Units’ IPO Plans as It Splits Into Six Groups
    Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs, pushing forward with a plan to unlock the value of its businesses. Alibaba in March said it plans to [split itself into six independently run companies](https://www.wsj.com/articles/alibaba-to-split-into-six-se  ( 20 min )
    Walmart Lifts Guidance, Bucking Weaker Retail Trends. The Stock Is Rising.
    The retail giant reports adjusted fiscal first-quarter earnings of $1.47 a share on revenue of $152.3 billion.  ( 22 min )
    Chip Giant Embraces AI And Its Inner 'Zen' To Ignite New Buy Zone
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    Walmart Lifts Full-Year Outlook as Quarterly Sales Surge
    Sales from stores and digital channels operating for at least 12 months grew 7.4% in the quarter ended April 28.  ( 25 min )
    UPDATE 2-Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies late last year, but still remains relatively muted amid a wobbly economic recovery. Earlier this year, Alibaba announced plans to restructure into six units, a move that follows a two-year regulatory crackdown on China's tech sector.  ( 38 min )
    Alibaba misses revenue estimates, approves cloud unit spinoff
    China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. The 208.20 billion yuan ($30.12 billion) logged for the three months ended in March compares with a Refinitiv consensus estimate of 210.3 billion yuan drawn from 26 analysts. Chinese consumer spending has gained some momentum since the country abandoned draconian zero-COVID policies last year, but even so remains relatively muted amid a wobbly economic recovery.  ( 38 min )
    Advisor: 'I Muffled My Screams Of Horror' After Client Asked This
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    Stocks to Watch Thursday: PacWest, Micron, Cisco, Walmart
    ↗️ PacWest (PACW) and Western Alliance (WAL): The regional banks jumped almost 7% and 5% respectively in early trading. That built on big rallies Wednesd  ( 18 min )
    Charles Schwab to raise $2.5 billion through debt offering
    Brokerage firm Charles Schwab Corp said on Thursday it was looking to raise up to $2.5 billion through a debt offering. The company will raise $1.2 billion through notes due 2029 and the rest via notes due 2034, it said. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Micron, Probed by China, to Get $1.5 Billion Funds From Japan for Next-Gen Chips
    (Bloomberg) -- Micron Technology Inc. is poised to land about ¥200 billion ($1.5 billion) in financial incentives from the Japanese government to help it make next-generation memory chips in the country, according to people familiar with the matter, the latest step in Tokyo’s effort to bolster domestic semiconductor production.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost  ( 41 min )
    The tide is turning in favour of the bond market
    Slack water. The brief moment when the tide is neither ebbing nor flowing and there’s an eerie calm. That’s how the bond market feels at the moment. A change of direction is imminent but we’re not quite there yet. It feels like an opportunity.  ( 40 min )
    These Stocks Are Moving the Most Today: Walmart, Alibaba, Cisco, Take-Two, and More
    Walmart and Alibaba are scheduled to report quarterly earnings on Thursday, shares of Cisco tumble after orders fall at the networking giant, and Take-Two Interactive signals that a strong pipeline of videogame titles will drive growth.  ( 23 min )
    A Fed Pause Could Be an ‘Almost Generational’ Opportunity for Bond Investors
    Bond pros say fixed income is poised to outperform equities this year.  ( 22 min )
    Analysis-'Big money never buys cheap': Why investors are waiting on Japan
    As Japan's stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a weak yen, the broad Topix index scaled peaks not seen since 1990 this week and the benchmark Nikkei, up more than 3% in four days, is near similar heights. Yet for many, the lofty milestones are a reminder that Japan's stocks have gone sideways for years, making many foreign asset allocators reluctant to venture into the market.  ( 40 min )
    4 big analyst cuts: Nu slashed at Citi, Futu gets 2 downgrades
    Here is your Pro Recap of the biggest analyst cut you may have missed since yesterday: downgrades for Nu, Futu, Magellan Midstream, and Intercept Pharmaceuticals. Citi downgraded digital banking platform Nu (NYSE:NU) to Neutral from Buy and cut its price target to $6.10 from $7.00, as reported in real time on InvestingPro. Futu (NASDAQ:FUTU) shares fell around 2% pre-market today after the company received downgrades from JPMorgan and Morgan Stanley following the announcement that the company is removing its app from China’s onshore app stores.  ( 39 min )
    Why is the US dollar so strong again?
    U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. One is that a range of worries - about the U.S. debt ceiling negotiations, the health of banks, and the global economy's outlook - are burnishing the dollar's safe-haven credentials. Meanwhile, there are some signs that the Fed may have to raise rates again, and that more technical factors to do with investor positioning are involved.  ( 40 min )
    Micron Outlines $3.6 Billion Investment in Chip Plant With Japan’s Backing
    The U.S. chip maker’s deal with Tokyo comes at a time of rising tension between Washington and Beijing over chip technology.  ( 25 min )
    Carl Icahn and Illumina Square Off Soon. The Stakes Are High.
    Icahn, who's also juggling an attack from a short seller and questions from prosecutors, is going after the CEO of the gene sequencing leader.  ( 23 min )
    'Clock has hit midnight': China loans pushing world’s poorest countries to brink of collapse
    A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.  ( 56 min )
    Marketmind: Get ready for the debt ceiling rally
    European shares look poised to rally after a wave of optimism that a U.S. debt ceiling deal could be reached as soon as the weekend, which lifted stocks on Wall Street and in Asia. Investors keyed in on an agreement between President Joe Biden and top congressional Republican Kevin McCarthy to negotiate a deal directly, with Biden cutting short an Asia trip to return to talks on Sunday. The air may be getting thin in some stock markets, particularly Japan's. The Nikkei came within 130 points of its highest since 1990 - back in the days of the "bubble economy" - after smashing through 30,000 a day earlier for the first time in 20 months.  ( 39 min )
    Hedge fund billionaire Steve Cohen tells investors to ride the 'big wave' of artificial intelligence and stop focusing on recession odds
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    Investors have pulled $8 billion from one specific part of the stock market in just 2 months on recessions worries and debt ceiling fears
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    Dow Jones Makes Bullish Move On Debt-Ceiling Deal Hopes. Here's What To Do Now.
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  • Open

    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden arrives in Japan for the G7 meeting and Cisco shares fall after reporting a second quarterly decline in orders. Here’s what investors need to know today.  ( 1 min )
  • Open

    What Is the Balance of Payments?
    Learn about the balance of payments and how it helps countries to track how much money is coming in and going out.  ( 24 min )
    Inflation and Interest Rates Relationship Explained
    Inflation and interest rates are linked, but the relationship isn’t always straightforward.  ( 27 min )
    Financial Accounting Meaning, Principles, and Why It Matters
    Financial accounting is the process of recording, summarizing, and reporting the myriad of a company’s transactions to provide an accurate picture of its financial position.  ( 32 min )
    What Is an Amortization Schedule? How to Calculate with Formula
    Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.  ( 32 min )
    What Is a B Corp? Advantages, Disadvantages, and Examples
    B Corp certification is given to companies that meet certain standards for social and environmental performance by the nonprofit organization B Lab.  ( 22 min )
    Top CD Rates Today, May 18
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    5 Alternative Investments.
    Your investment portfolio should be diversified. Discover legitimate non-stock-market investment vehicles that may help you prosper.  ( 21 min )
    How to Buy Alternative Investments
    If you are looking to invest outside of stocks and bonds, opening an alternative investing account is a critical first step. Learn what you need to open an alternative investing account and how to do it.  ( 24 min )
    Why Private Market Real Estate Should Be Your Next Investment in 2023
    To help you determine whether private real estate investments are right for you, we’ve highlighted some of the key benefits of these unique assets.  ( 16 min )
    How Real Estate Can Serve As A Hedge Against Inflation
    With inflation on the rise, it's important to have the right investment strategy. Here’s why you should consider adding real estate to your portfolio.  ( 16 min )
    Dow Jones Today: Intel Pushes Index Higher
    Tech stocks Intel, Cisco, Salesforce help lead Dow higher, while P&G dives on a rating cut.  ( 16 min )
    How Investing in Real Estate Can Help Build a Portfolio
    Investors are searching for ways to reduce the fluctuations in their portfolios and find ways to make their portfolios more resilient.  ( 16 min )
    The Top 3 Real Estate Investment Trends of 2023
    As homebuying continues to grow in popularity, opportunities for real estate investing are also increasing—and many rely on a few key trends.  ( 18 min )
    Markets Gain Amid Optimism About a Deal to Lift the Debt Ceiling
    U.S. equities rose for a second straight day on May 18, 2023 amid optimism a deal may come soon to raise the government's debt ceiling.  ( 16 min )
    Home Equity Loan Fees vs. Mortgage Loan Fees
    Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.  ( 22 min )
    Falling Economic Index Suggests Recession Ahead
    The Conference Board's Leading Economic Index fell for the 13th consecutive month in April and pointed to a recession in 2023.  ( 16 min )
    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 17 min )
    Can Bitcoin Kill Central Banks?
    Bitcoin is a peer-to-peer unofficial currency that operates without government or central bank oversight. Central banks are keeping a close eye on it.  ( 24 min )
    How to Find Scholarships
    Here’s everything you need to know about finding scholarships, including where to look, how to qualify, and when to begin your search.  ( 28 min )
    Are Fundrise's eREITs Right for You?
    Here are the top three things to keep in mind when considering investing in Fundrise's eREITs.  ( 22 min )
    As Broad Student Loan Relief Hangs in the Balance, Biden Has Already Forgiven $66 Billion
    While President Joe Biden’s controversial plan for broad student loan forgiveness has grabbed headlines, the administration has more quietly forgiven $66 billion for 2.2 million borrowers in specific situations.  ( 18 min )
    9 Tips for Growing a Successful Business
    Without a proper plan and organization, making money in a business can be much harder than you think. Check out these nine tips to grow your business.  ( 27 min )
    Naked Options Expose You to Risk
    Find out why these enticing options can spell trouble for your bottom line.  ( 23 min )
    Who Is Richard H. Anderson?
    Richard H. Anderson was CEO of Delta Air Lines during its merger with Northwest Airlines, and was most recently the CEO of Amtrak.  ( 22 min )
    Top Pharmaceutical Stocks for Q2 2023
    Aclaris Therapeutics, Collegium Pharmaceutical, and Intra-Cellular Therapies lead the industry in quarterly revenue growth  ( 21 min )
    Sales of Existing Homes Fell 3.4% in April
    Sales were down 23.2% from a year earlier.  ( 17 min )
    What Is a Secured Credit Card? How It Works
    A secured credit card is a type of credit card that is backed by a cash deposit, which serves as collateral should you default on payments.  ( 27 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 16 min )
    Today's Mortgage Rates & Trends - May 18, 2023: Rates Mostly Flat
    Rates for most mortgage types were flat to minimally up, though the 30-year averages inched up just enough to return to 7% territory for the first time in a month.  ( 17 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 17 min )
    Traveler's Check: What It Is, How It's Used, Where To Buy
    A traveler’s check is a once-popular—but now largely outmoded—exchange medium used in place of currency, often by people traveling abroad.  ( 23 min )
    Why Do So Many People Fall Behind on Their Taxes?
    Despite the threat of pursuit by possibly the most feared organization in the U.S., millions of Americans fail to pay their taxes on time.  ( 23 min )
    Top Challenges for Financial Advisors
    Managing expectations, communication, and industry-wide complexity are some of the top challenges financial advisors face today.  ( 23 min )
    Money Market Account vs. Savings Account
    Learn how money market and savings accounts differ, and why a depositor may choose a money market account over a savings account.  ( 22 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 16 min )
    The Power of Compound Interest: Calculations and Examples
    Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.  ( 28 min )
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    Find out the major items and steps you need to know about, and plan for to complete your first tax return accurately and with confidence.  ( 22 min )
    Zoom Earnings Expected to Shrink as Return to Office, Competition Heat Up
    Video conferencing company Zoom is expected to say sales grew slower than ever before in the first quarter of the year, as the company struggles to find its footing after the work-from-home boom.  ( 17 min )
    New York Rent Reaches a Record High
    Median rent was $4,241 in April, up 1.6% from March and 8.1% from April last year. The number of new leases fell, as landlords are also offered fewer concessions.  ( 17 min )
    Retail Banking vs. Corporate Banking Explained
    Retail banking refers to the bank division that deals directly with consumers, while corporate banking serves business customers. Learn more about the differences.  ( 24 min )
    Ackman, Hedge Fund Peers Veer Toward Tech, Troubled Banks
    High-profile investors veered toward technology stocks and troubled banks in the first quarter while generally reducing exposure to energy and value-oriented stocks.  ( 18 min )
    5 Things to Know Before Markets Open
    President Biden arrives in Japan for the G7 meeting and Cisco shares fall after reporting a second quarterly decline in orders. Here’s what investors need to know today.  ( 17 min )
    Three Past Debt Limit Standoffs Ended Without a Default—This Time Could Be Different
    The government has narrowly averted disaster in three previous debt ceiling standoffs, but this time may be tougher.  ( 18 min )
    What Are the Main Types of Mortgage Lenders?
    Shopping for a mortgage lender can feel confusing and a little intimidating. Understanding the differences among the main types of lenders can help you narrow down the field.  ( 27 min )
    Conventional Mortgage or Loan
    A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to Federal Housing Administration (FHA) loans, conventional loans tend to have higher interest rates.  ( 29 min )
    Flat Dollar
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  • Open

    Walmart Boosts Its Outlook as Profit and Sales Rise
    Walmart's quarterly results beat analysts' forecasts, and the big retailer raised its guidance.  ( 1 min )
    American Airlines Recovery May Have Stalled in Q1
    American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 1 min )
    Charles Schwab to Raise $2.5 Billion Via Bond Sales
    Charles Schwab will raise $2.5 billion via bond sales to fund corporate expenses and business growth as the brokerage giant deals with the fallout from recent banking turmoil.  ( 1 min )
    Amazon Cloud Unit to Invest $12.7 Billion in India by 2030
    Amazon.com Inc is expanding its operations in India, joining the list of tech companies betting big on one of the world's fastest-growing economies.  ( 1 min )
    Take-Two Interactive Shares Soar on Upbeat Earnings, Demand Forecast
    Take-Two Interactive (TTWO) is the best-performing stock in the S&P 500 as the video game publisher reported better-than-expected sales, and said it expects demand to soar in coming years.  ( 1 min )
  • Open

    Shell wil meer winst maken met zijn groene energietak en onderdelen afstoten
    De delen van Shell die zich richten op hernieuwbare energie, moeten meer geld opleveren, volgens bestuurders van het olie- en gasconcern. De minder succesvolle onderdelen willen ze afstoten.  ( 3 min )
    De graandeal is weer verlengd: waarom is dat belangrijk?
    Rusland en Oekraïne zijn het donderdag op het nippertje eens geworden over het verlengen van de graandeal tussen beide landen. Het gaat om een verlenging van twee maanden. Wat is de graandeal ook alweer? En waarom is-ie zo belangrijk?  ( 4 min )
    NU+ | Apple houdt zich afzijdig in de nieuwe AI-race: mist het bedrijf de boot?
    Google, Microsoft en OpenAI buitelen over elkaar heen om te laten zien wat er mogelijk is met hun AI. Maar wat zijn de plannen van Apple op het gebied van kunstmatige intelligentie? Het bedrijf van Tim Cook lijkt zich nog niet echt in de wedstrijd te mengen.  ( 4 min )
    Deutsche Bank schikt voor 75 miljoen dollar met slachtoffers Jeffrey Epstein
    Deutsche Bank gaat 75 miljoen dollar (70 miljoen euro) betalen aan slachtoffers van Jeffrey Epstein. Een misbruikslachtoffer van de overleden Amerikaanse zakenman had de Duitse bank aangeklaagd. Die zou misbruikpraktijken mogelijk hebben gemaakt door Epstein financiële diensten te blijven leveren.  ( 3 min )
    DekaMarkt stopt met boodschappen bezorgen
    Slecht nieuws voor mensen die graag boodschappen bestellen bij DekaMarkt. De supermarktketen stopt per 2 juni met het thuisbezorgen.  ( 2 min )
    Kabinet wil CO2 uit de lucht halen via ons afval, maar er zijn wel hindernissen
    Als het aan het kabinet ligt, gaan we via de verbranding van ons restafval grootschalig CO2 uit de lucht halen. Maar de afvalbranche heeft haar twijfels of het lukt om al in 2030 miljoenen tonnen CO2 onder de zee op te slaan.  ( 8 min )

  • Open

    Financier Rajeev Misra Is All Over WeWork Deal
    The financier, who retains a role at SoftBank, recently agreed through his new fund to provide the office landlord nearly $500 million of high-interest debt, putting him on two sides of the same deal.  ( 25 min )
    The federal government's bank account just saw a sharp drop in cash as the default deadline looms
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    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 9% or More
    “Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: ‘Insiders might sell their shares for any number of reasons, but they buy them for only one reason—they think the price will rise.’ Indeed, one of the best stock signals comes from corporate insiders, the company officers who hold positions of high responsibility – to their Boards, and to their peers, and to their shareholders and customers – for bringi  ( 43 min )
    Microsoft CMO tells employees the stock price is the ‘most important lever’ to get a pay raise after cashing out on $4.4 million worth of stock this month
    Microsoft CMO told staff that their best way to increase salary is to make the stock go higher, after selling $4.4 million worth of stock this month.  ( 40 min )
    Charles Schwab to raise $2.5 billion in long-term debt - WSJ
    Charles Schwab said it intends to use the net proceeds for "general corporate purposes", and did not disclose the pricing for the offering in its filing with the U.S. Securities and Exchange Commission. BofA Securities, Citigroup, Credit Suisse, Goldman Sachs & Co. LLC, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering.  ( 38 min )
    Stocks moving in after-hours: Take-Two Interactive, Cisco
    These are the stocks moving in after-hours on Wednesday, May 17, 2023.  ( 39 min )
    Analysis-Elon Musk's embrace of advertising at Tesla grabs marketers' attention
    With Elon Musk outlining plans for Tesla Inc to use traditional advertising for the first time, viewers might see the electric-vehicle maker's Model Y crossover or upcoming Cybertruck pickup - maybe even the billionaire CEO himself - on TV or online. Musk revealed those plans on Tuesday at the company's annual meeting, an about-face for the celebrity executive who recently acquired social media platform Twitter. "We'll try out a little advertising and see how it goes," he told investors in Austin, Texas.  ( 41 min )
    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Synopsys Stock Rises As Chip Design Software Firm Delivers Beat-And-Raise Report
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    Schwab Taps Credit Markets To Raise $2.5 Billion In Debt
    The brokerage giant, under scrutiny this year, said in a filing it would use the proceeds for general corporate purposes.  ( 27 min )
    Cisco Gives Strong Sales Forecast In Sign Companies Are Still Spending on IT
    (Bloomberg) -- Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave a strong sales forecast for the current quarter, indicating some customers remain committed to upgrading their corporate technology infrastructure.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify  ( 39 min )
    Cisco Earnings Top Estimates As The Company's Outlook Edges By Views
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    Cisco's orders hit by sluggish demand, shares fall
    Cisco Systems Inc beat third-quarter revenue estimates on Wednesday as easing supply hurdles helped the company clear order backlogs for its networking gear. The company posted revenue of $14.57 billion in the quarter, compared with analysts' estimates of $14.39 billion, according to Refinitiv.  ( 38 min )
    California Mutual Fund Manager Gets Four Years in Prison in $106 Million Fraud
    (Bloomberg) -- A California mutual fund manager was sentenced to four years in prison for defrauding investors whose $106 million he said would be put in US Treasury bills and other safe assets but was instead lost in much riskier investments.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsThe $120 Million Ghost Ship Antigua Is Desperate  ( 38 min )
    Billionaire Investor Stanley Druckenmiller Warns Of 'Biggest And Probably Broadest Asset Bubble' — Here's How He's Preparing For 'The Grand Finale'
    By increasing borrowing costs and reducing liquidity, interest rate hikes have the potential to cool asset bubbles. But despite the Federal Reserve’s aggressive rate hikes, billionaire investor Stanley Druckenmiller doesn’t believe the bubble has dissipated. “I’m sitting here staring in the face at the biggest and probably the broadest asset bubble — forget that I’ve ever seen, but that I’ve ever studied,” he said at the 2023 Sohn Investment Conference. “It went on for 10 or 11 years and then it  ( 39 min )
    Meta and Nvidia Shares Are Soaring
    A pair of tech stocks are seeing growth in the triple digits this year. Meta Platforms (META) is up 102% this year, on pace for its best year since 2013, when it rose 105%, according to Dow Jones Market Data. Nvidia (NVDA) has gained 105% so far this year, and is on pace for its best year since 20  ( 22 min )
    AB InBev stock drops as analysts look for 'stabilization' in Bud Light sales declines
    An Instagram post during March Madness apparently set off Kid Rock — and began a long six week PR nightmare for Bud Light which has dragged down sales sharply.  ( 40 min )
    GE Soars 55% As 93% Growth Outlook Powers Bellwether Stock
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    Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
    (Bloomberg) -- A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the government will be able to make it until mid-June tax payments, potentially dashing hopes for a late-summer deadline. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsMercedes Sets Out to Make S  ( 40 min )
    Stocks Climb After Biden Speaks on Debt Ceiling
    Markets picked up steam after President Joe Biden said Wednesday he was “confident” that he and congressional leaders will come to an agreement to avoid the first ever U.S. government default.  ( 25 min )
    Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax
    (Bloomberg) -- Sanjay Shah, a hedge-fund trader accused of masterminding a massive tax fraud, lost an appeal at a Dubai court over an order to pay the Danish authorities more than 8.5 billion krone ($1.24 billion).Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify as Biden Set to Depart for JapanThe Court of Cas  ( 38 min )
    Billionaire Paul Tudor Jones Pours Millions Into These 2 Stocks Amid Recession Fears
    The assumption among most financial prognosticators is that a recession is most likely on the way, and one prominent name agrees it’s all but inevitable. Legendary investor Paul Tudor Jones sees a recession coming and even has an idea of when it will hit. The Tudor Investment Corp founder and billionaire expects a recession will come into play this fall, mainly as a result of the surge in debt and asset prices in recent years. Such activities are usually followed by an economic downturn. “Histor  ( 41 min )
    Alibaba’s Earnings Come at a Critical Time. Watch for Split-Up News, China’s Recovery.
    Beyond the numbers, Alibaba earnings may hold more details on the group's plans to split itself up, as well as key trends about the Chinese consumer.  ( 23 min )
    Hot Chip Stock Rambus Is Breaking Out, Fueled By AI, Network Product Rollout
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    Pfizer, Amgen, and 7 More Cheap Healthcare Stocks for Investors to Consider
    The stocks our screen found are cheap, relative to highfliers like Eli Lilly, and many are cheap for a reason.  ( 23 min )
    Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do
    Will you have to downsize in your retirement? Many families plan to adjust their lifestyles in retirement. They swap the family house, say, for a smaller home. Or they move to a less expensive community. When this is a choice, … Continue reading → The post Half of Americans Won't Be Able to Afford Their Standard of Living in Retirement: Here's What You Can Do appeared first on SmartAsset Blog.  ( 42 min )
    Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire?
    When entering retirement, would it be best to transfer your pension fund and 401(k) from your employer account to your own personal individual retirement account (IRA), keeping them under one roof? -Randy There are a couple of things to be … Continue reading → The post Ask an Advisor: What Should I Do With My Retirement Accounts When I Retire? appeared first on SmartAsset Blog.  ( 39 min )
    Stocks rise as earnings, debt-ceiling talks stay in focus: Stock market news today
    Stocks opened in recovery mode Wednesday following Tuesday’s selloff as investors remain hopeful that the debt-ceiling talks will produce a breakthrough.  ( 40 min )
    AI Is Reshaping Jobs. Here Are the Companies to Watch.
    Researchers found that companies with the greatest exposure to generative AI could see higher cash flows, lower labor costs, and greater market valuations.  ( 22 min )
    These Lithium Stocks Are Near Buy Points With SQM Earnings Due
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    Apple Thwarts $2B In Fraud Transactions, UBS Takes $17B Hit From 'Hasty Credit Suisse Takeover,' Verizon Streamlines Unlimited Data Plans: Today's Top Stories
    Benzinga Apple Thwarts $2B In Fraud Transactions — But Third-Party App Store Debate Rages On On Tuesday, Apple announced that its App Store thwarted potential fraudulent transactions amounting to over $2 billion in 2022, alongside rejecting approximately 1.7 million app submissions for failing to meet the privacy and security standards of the app marketplace. The company underscored that it safeguarded users from almost 57,000 questionable apps from unofficial stores lacking the same inherent pr  ( 41 min )
    Tesla Stock Rises After Annual Meeting. There Are a Couple Reasons for That.
    Wall Street seems most excited about new products and advertising coming out of Tesla's 2023 annual meeting of shareholders, held Tuesday evening in Austin, Texas.  ( 23 min )
    Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security
    There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 40 min )
    Verizon Streamlines Unlimited Data Plans, Looks At Competitive Pricing
    Verizon Communications Inc (NYSE: VZ) is pruning the cost and number of its wireless plans to simplify customers' options amid cutthroat competition. It is reducing its lineup of unlimited mobile plans from six to two. It is dropping its most expensive data plans, the Wall Street Journal reports. For four lines, Verizon's two new mobile plans, Unlimited Welcome and Unlimited Plus will be available at a monthly price of $30 a line and $45 a line, respectively. For a single line, the cost would be  ( 39 min )
    Western Alliance leads regional bank stocks higher
    The Phoenix bank said its deposits rose again last week, boosting optimism in other regional lenders.  ( 39 min )
    FDA Signals Support For Pfizer's Maternal RSV Shot Ahead Of Adcomm, Pfizer Raises $31B In Debt To Fund Seagen Deal
    Pfizer Inc (NYSE: PFE) plans to raise $31 billion from a debt offering to finance its proposed acquisition of Seagen Inc (NASDAQ: SGEN) for $43 billion. The debt offering, which would be in eight tranches, is expected to close on May 19. Pfizer expects Seagen could contribute more than $10 billion in risk-adjusted revenues in 2030, with potential significant growth beyond 2030. Tuesday, Seagen shares came under pressure after the U.S. Federal Trade Commission announced to sue to stop Amgen Inc's  ( 39 min )
    Meta, Alphabet Poised to Get Knocked Out of Value Index
    A big reshuffling is coming to the stock market next month: Index provider FTSE Russell will be rebalancing its stock benchmarks, a move that typically ripples through trillions of dollars in investments. Meta and Google-parent Alphabet are poised to get kicked out of the Russell 1000 Value Index,  ( 19 min )
    2 “Strong Buy” Penny Stocks With Over 400% Upside on the Horizon
    In Kenny Rogers’ iconic song “The Gambler,” he sang, “Every hand’s a winner and every hand’s a loser…” These words hold valuable wisdom that every investor should remember. Regardless of your chosen strategy, successful stock investing ultimately boils down to mastering the art of balancing risk and reward. There are few stock segments that offer a higher return potential for the risk involved than the penny stocks, those equities priced at $5 or less. These are stocks with a truly rock-bottom c  ( 42 min )
    Regional Bank Stocks Are in the Green
    Western Alliance Bancorp (WAL) stock jumped after the bank said its deposits had grown in the current quarter, sparking gains across other regional bank stocks. In premarket trad  ( 22 min )
    Bitcoin’s Correction Deepens. Prices Could Be Headed to These Levels.
    Bitcoin breached $30,000 last month, marking the peak of a huge rally so far this year. But it has since corrected, with declines accelerating this week.  ( 22 min )
    Are You Actually Part of the American Middle Class? Find Out
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    How Many Americans Retire With a Million Dollars?
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 42 min )
    How to Stop Nursing Homes From Taking Your Life Insurance From a Beneficiary
    A lengthy nursing home stay can be expensive, and if you don't qualify for Medicaid, you may need to draw down your assets to pay for it. You may choose to leave a life insurance policy behind to help your … Continue reading → The post Can Nursing Homes Take Your Life Insurance From Your Beneficiary? appeared first on SmartAsset Blog.  ( 41 min )
    IMF's Gopinath sees 'sizeable' upside inflation risks, says markets too optimistic
    The International Monetary Fund's no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and urged central banks to keep monetary policies tight. IMF First Deputy Managing Director Gita Gopinath told a conference hosted by the Central Bank of Brazil that markets were probably "too optimistic" about what it would take to bring down inflation in emerging markets. "Despite encouraging signs, I am worried that price pressures seem entrenched in many economies and that upside inflation risks are sizeable," she said in remarks prepared for the event.  ( 38 min )
    Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
    The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists, who also said the risk of a U.S. default over the debt ceiling was higher compared to prior stand-offs. Those concerns, along with failures of some regional banks, led markets to price in at least a 50 basis point cut by end-2023, an expectation that gained momentum after policymakers signaled a pause to the rate hiking campaign at the May 2-3 meeting. However, U.S. central bankers reiterated the federal funds rate would stay high or could go even higher, not lower, despite 34 of 46 respondents to an additional question in the May 11-16 Reuters poll predicting a U.S. recession in 2023.  ( 40 min )
    AI News: Artificial Intelligence Trends And Leading Stocks
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    Growth Stocks Are Back — Analysts Like These 8 The Best
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    San Francisco fire sale: downtown high rise selling at a 73% discount
    A high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.  ( 39 min )
    These Stocks Are Moving the Most Today: Tesla, Target, Western Alliance, Doximity, EVgo, Keysight, and More
    Tesla CEO Elon Musk tells shareholders the electric-vehicle company would try running some advertisements, Target's adjusted earnings top estimates, Western Alliance issues a deposits update, and Doximity's revenue forecast misses expectations.  ( 23 min )
    Dynatrace Stock Jumps On Earnings Beat, Fiscal 2024 Guidance
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    Analyst Report: Avalonbay Communities Inc.
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    Analyst Report: Occidental Petroleum Corp.
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    Daily Spotlight: Oil Prices Stuck Below Recent Highs
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    Market Digest: AVB, DVN, OXY, OTIS, ABNB
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    Pfizer Prices $31 Billion Debt Offering to Fund Seagen Acquisition
    Pfizer's acquisition of cancer-focused biotech Seagen, announced in March, would be its biggest since 2009. The deal faces risks.  ( 22 min )
    Daily – Vickers Top Insider Picks for 05/17/2023
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    Daily – Vickers Top Buyers & Sellers for 05/17/2023
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    Target earnings beat but company warns on current quarter, calls out cautious consumer
    Target hits and misses in its first quarter earnings report.  ( 40 min )
    Target CEO: We're seeing 'violent' incidents in our stores and it's costing us millions
    Target execs call attention to a major problem they are having in their stores.  ( 40 min )
    Bitcoin’s Correction Deepens. It Could Be Headed to These Levels.
    Bitcoin breached $30,000 last month, marking the peak of a huge rally so far this year. But it has since corrected, with declines accelerating this week.  ( 22 min )
    Elon Musk says the ‘laptop class’ needs to ‘get off their moral high horse’ when it comes to remote work
    Musk argued that professional workers were being unfair in asking to work-from-home while factory and service workers still had to work in-person.  ( 41 min )
    EV maker Fisker is exploring collaboration with other companies, CEO says
    Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker said on Wednesday. All three companies are still relatively small and are launching new product lines as larger rivals such as Tesla Inc, China's BYD and established global automakers are battling for sales by cutting prices. Fisker said the EV startup has 65,000 reservations for its Ocean SUV, which is being launched from a factory in Austria operated by a unit of Magna International Inc.  ( 39 min )
    Yuan Slides Past Seven in New Warning Sign for China’s Economy
    (Bloomberg) -- The yuan slid past the 7 per dollar level for the first time since December as disappointing Chinese economic data this week prompted calls for more policy easing.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire Sergey Brin  ( 40 min )
    Western Alliance Gains on Deposit Growth. PacWest, Regional Banks Stocks Are Rising.
    Western Alliance said its deposits had grown by more than $2 billion in the second quarter so far.  ( 22 min )
    Drugmakers eye $23 billion biotech Argenx ahead of key trial data
    (Bloomberg) -- European biotech firm Argenx SE is scheduled to release key drug trial data this summer. Deal-hungry Big Pharma is closely watching.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterHere’s How Much Wealth You Need to Join the Richest 1% Glo  ( 41 min )
    Guess how much big pharma paid in US taxes on $110 billion of profit in 2022
    Contrary to the myth, Americans pay quite a lot of taxes. In 2022, for instance, employees paid an average tax rate of 24.8%, or 0.2% more than in comparable countries. US federal taxes on individual income can be as high as 37%.  ( 40 min )
    JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming
    (Bloomberg) -- A US recession is a virtual certainty and the Federal Reserve may lower interest rates by the third quarter as growth loses momentum, according to JPMorgan Asset Management. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanHere’s How Much Wealth You Need to Join the Richest 1% GloballyGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterGoogle Billionaire S  ( 40 min )
    UBS says it was rushed into unwanted Credit Suisse rescue merger
    UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed. UBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence given the "emergency circumstances". Credit Suisse's involvement in a series of corporate collapses spooked clients who began withdrawing their money, a trend that accelerated when U.S. bank failures sparked fear of a broader banking crisis.  ( 39 min )
    Commerzbank doubles quarterly profit, helped by higher interest rates
    Germany's Commerzbank said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result helped by higher interest rates. Analysts had on average expected profit of 481 million euros, according to a consensus forecast published by Commerzbank. The bank said it sees "upside potential" in net interest income this year.  ( 38 min )
    Siemens raises full year outlook after 2nd quarter sales beat
    Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of products ranging from trains and industrial software now expects comparable revenue growth of 9% to 11% in the 12 months to the end of September, up from its previous view for an increase of 7% to 10%. Siemens also expects to increase its underlying basic earnings per share to a range of 9.60 euros to 9.90 euros, up from the 8.90 euros to 9.40 euros it said it expected in February.  ( 38 min )
    Cisco Systems Reports Earnings Today. It’s All About Orders.
    When Cisco Systems reports financial reports after the close Wednesday, the focus is going to be not on revenue and profits, but instead on orders.  ( 22 min )
    Mohamed El-Erian says regional banks are in a 'hospital' phase of turmoil, but a Fed policy mistake will drive them 'back into the ICU'
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    Vietnam EV maker VinFast sees sales boom, path to breakeven
    Vietnam's electric automaker VinFast expects to break even by the end of 2024, its founder said on Wednesday. Vinfast will also launch an EV-pickup truck and a city or "mini car" as future models, Pham Nhat Vuong, chairman of conglomerate Vingroup and founder of its auto unit VinFast, told investors at the company's annual general meeting. VinFast said earlier this month that it would list in the United States via a merger with a special purpose acquisition company (SPAC) Black Spade Acquisition Co.  ( 38 min )
    RH stock plunges 8% after Warren Buffett's Berkshire Hathaway dumps its entire stake in the home furnishings company
    RH CEO Gary Friedman has been a fan of Warren Buffett, having quoted him often during company earnings calls over the years.  ( 39 min )
  • Open

    Target's Profit and Revenue Rise Despite Inflation Impact
    Target's first quarter profit and revenue exceed estimates even as inflation led consumers to shift their shopping habits away from higher-priced discretionary products.  ( 1 min )
    OpenAI to Update ChatGPT With Internet Access
    OpenAI adds a web browser for paid ChatGPT users and plugins that expand access to commercial services.  ( 1 min )
  • Open

    Markets Advance on Optimism About Debt Limit Talks, Regional Banks
    The Dow, S&P 500, and Nasdaq jumped more than 1% on Wednesday, May 17, 2023 as debt limit talks advanced and regional bank shares rose.  ( 1 min )
    Pfizer's Bond Sales Ranks Among Largest Ever
    Pfizer's $31 billion bond sale ranks among the largest ever, but it's still only half the size, adjusted for inflation, of Verizon's mammoth 2013 deal.  ( 1 min )
    Western Alliance Shares Soar on Deposit Surge
    Western Alliance Bancorporation (WAL) shares are soaring after the struggling regional bank said deposits have jumped so far this quarter, which also boosted shares of other regional lenders.  ( 1 min )
    5 Things to Know Before Markets Open
    House Speaker Kevin McCarthy said a debt ceiling deal could be ready by the end of the week and Target’s earnings show that consumers are buying more necessities and fewer discretionary items. Here’s what investors need to know today.  ( 1 min )
  • Open

    Oudere Surinaamse Nederlanders krijgen 5.000 euro voor gat in AOW
    Het kabinet wil een groep ouderen van Surinaamse afkomst die onvolledige AOW ontvangen, een tegemoetkoming geven van 5.000 euro per persoon. Dat schrijft pensioenminister Carola Schouten aan de Tweede Kamer. Het gaat om een groep van ruim 30.000 mensen.  ( 4 min )
    200 basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
    Om het personeelstekort in het onderwijs het hoofd te bieden, proberen basisscholen leraren te verleiden om meer uren te draaien. Het idee is dat ze hier sneller toe bereid zijn als daar een financiële bonus, extra vrije dagen of een plek bij de kinderopvang tegenover staat. 200 scholen doen mee aan dit overheidsexperiment.  ( 5 min )
    UWV in beroep tegen uitspraak dat asielzoeker meer dan 24 weken mag werken
    Het UWV gaat met het ministerie van Sociale Zaken en Werkgelegenheid (SZW) in hoger beroep tegen de uitspraak van de rechter dat een asielzoeker meer dan 24 weken mag werken.  ( 4 min )
    Basisscholen verleiden leraren tot extra werkuren met bonus of vrije dagen
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    Klanten van KLM die liever niet als man of vrouw aangesproken willen worden, kunnen dat voortaan aangeven bij hun boeking. Ze kunnen aangeven dat ze zich identificeren als non-binair of ervoor kiezen de aanspreekvorm helemaal weg te laten. Dan noemt de luchtvaartmaatschappij de passagiers gewoon bij hun naam.  ( 3 min )
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  • Open

    Top CD Rates Today, May 17
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Best Day Trading Platforms of 2023
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    What Is a Credit Score? Definition, Factors, and Ways to Raise It
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    Hospital Insurance Trust Fund: Medicare Part A
    The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 21 min )
    Dow Jones Today: Index Jumps on Debt Talk Hopes
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    Target's Profit and Revenue Rise Despite Inflation Impact
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    Pfizer's Bond Sale Ranks Among Largest Ever
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    10 Key Questions To Ask Your Financial Advisor
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    OpenAI to Update ChatGPT With Internet Access
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    How to Get a Mortgage in Your 20s
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    Capital One CD Rates: May 2023
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    Chase CD Rates: May 2023
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    Albanian Lek (ALL) Definition
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    You Can Beat Inflation With a CD for the First Time in Years
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    How To Find the Best Mortgage Rates
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    Tether to Spend Millions on Bitcoin to Diversify USDT Reserves
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    Residential Mortgage-Backed Security: Defined, Pros & Cons
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    Western Alliance Shares Jump on Deposit Surge
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    Top Financial Stocks for May 2023
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    Mortgage Applications Declined Last Week
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    Home Possible Mortgage Definition
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  • Open

    Wall Street's Biggest Banks Face a Harsh Reality Check in China
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    Dow Jones Breaks Support As President Biden Makes This Debt-Ceiling Move; Elon Musk Says Tesla Will 'Try' This
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    Warren Buffett and J.P. Morgan Have One Thing in Common: They Both Like These 2 Stocks
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    Warren Buffett sells stakes in two banks, buys into Capital One
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    In his first public appearance since SVB’s collapse, former CEO Greg Becker is asked to defend trip to Hawaii and whether he’ll forfeit $1.5 million bonus
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    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
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    Tesla shareholder meeting: Straubel elected to board; Musk reiterates 'production Cybertrucks' coming this year
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    Short seller Jim Chanos scoffs at former SVB boss's suggestion that the Fed's sharp policy shift toppled the bank
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    Elon Musk Teases New Tesla Product While Warning About Near-Term Economic Challenges
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    Dow Jones Losses Worsen As McCarthy Jabs Biden Over Debt Ceiling; Warren Buffett Buys This Bank Stock
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    Couples Can Soon Put Over $10,000 a Year Into Health Savings Accounts
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    The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp's Thacker Pass mine project in Nevada by finding nearly all of the site contains the metal used to make electric-vehicle batteries. The opinion from the department's solicitor comes amid an acrimonious debate about whether more U.S. mines should be built to produce lithium and other green energy transition metals. A federal judge in February rejected claims that the Thacker Pass project would cause unnecessary harm to the environment, but ordered officials to study whether roughly 1,300 acres (530 hectares) at the site where Lithium Americas hopes to store waste rock - a byproduct of the mining process - contained the metal.  ( 39 min )
    Billionaire Stanley Druckenmiller's family office pumps a combined $430 million into Nvidia and Microsoft stocks in big, bold AI bets
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    GE, Ikea, Home Depot defeat University of California bid for light bulb import bans
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    Dow Jones Leader Salesforce, Chip Giant AMD Lead 4 Stocks In Or Near Buy Zones
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    The Patent That Helped Vanguard Clients Pocket Big Gains Expires
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    Pfizer Gathers $85 Billion in Orders for Its Jumbo Bond Sale
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    Analyst Report: Intercontinental Exchange Inc
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    A Japanese millennial could soon be a billionaire after shares of his AI-powered matching service for companies surged nearly 50% this year
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    David Einhorn's Greenlight Capital snapped up 2 regional banking stocks during last quarter's turmoil
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    Broadcom Poised For More Growth; Decision On $61 Billion Bid For Cloud Play Looms
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    Buy SoFi Stock, Analyst Says. Sellers Have Got It Wrong.
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    Nvidia’s Market Cap Is Now Bigger Than Berkshire Hathaway’s. Credit AI.
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    Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day — That's What Makes Him One of the Greatest Investors of All Time
    Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of Oracle of Omaha. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Many of his investing strategies are known, but there is one that is often overlooked yet incredibly important. It’s a lot more prevalent in the s  ( 41 min )
    Two Activists Took Alphabet Stakes. What It Says About the Stock.
    Dan Loeb and Bill Ackman just disclosed new positions in Google-parent Alphabet.  ( 22 min )
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    FTC sues to block Amgen's $28B acquisition of Horizon Therapeutics
    FTC is suing Amgen to block its potential $28B acquisition of Horizon Therapeutics  ( 40 min )
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    Warren Buffett buys another $127 million worth of Occidental Petroleum stock
    Investor Warren Buffett's company bought another $127 million worth of Occidental Petroleum stock over the past week to give Berkshire Hathaway 213.9 million shares of the oil producer. Berkshire's latest filing with the Securities and Exchange Commission late Monday showed that it had bought another 2.2 million Occidental shares. Buffett's Omaha, Nebraska-based conglomerate controls 23.8% of Occidental's stock and holds warrants to buy another 83.9 million shares for $59.62 apiece, but the billionaire recently told shareholders that he has no plans to buy the entire company.  ( 39 min )
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    Is Palantir Stock A Buy On Its Artificial Intelligence Prospects In May 2023?
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    Verizon Cuts Number of Unlimited Data Plans It Offers From Six to Two
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    FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
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    Tesla’s Shareholders Meeting Is Here. 4 Things That Could Move the Stock.
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    Billionaire Steve Cohen Snaps Up These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Ride His Coattails
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    You Can Get This Much Monthly Off a $200,000 Annuity
    An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 40 min )
    How Much Retirement Income Can I Make Before It Triggers Taxes?
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    Southeast Asia Internet Firm Sea Limited Sinks After Missing Quarterly Targets
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    These Stocks Are Moving the Most Today: Home Depot, Capital One, Horizon Therapeutics, Baidu, and More
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    It’s a Big Day for the Debt Ceiling and Banks. Brace for Uncertainty.
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    Tesla succession planning, demand in focus ahead of shareholder meeting
    Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he speaks at the electric-car maker's annual shareholder meeting on Tuesday. The billionaire entrepreneur, also the top boss of Twitter, last week announced that NBCUniversal's former advertising head Linda Yaccarino will succeed him as Twitter CEO and that he will focus on products and technology at the social media firm. Musk said the move would allow him to devote more time to the electric carmaker, but his commitments to other ventures such as a new AI startup remain a worry.  ( 40 min )
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    Daily – Vickers Top Buyers & Sellers for 05/16/2023
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    Daily – Vickers Top Insider Picks for 05/16/2023
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    Baidu Stock Rises. It Topped Earnings Expectations.
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    Futu, Tiger to Remove China Trading Apps as Regulatory Pressure Mounts
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    Swedish Real Estate Selloff Prompts Broker Upgrades to Buy
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    China’s Demand for Oil Hits Record as IEA Raises Global Forecasts
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    Vodafone announces 11,000 job cuts as new boss lambasts performance
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    Stocks to Watch Tuesday: Capital One, Horizon Therapeutics, Home Depot
    ↗️ Capital One (COF): The bank’s stock surged over 5% in premarket trading on the news that [Warren Buffett’s Berkshire Hathaway opened a new position](https://www.wsj.com/articles/berkshire-hathaway-opens-new-position-in-capital-one-exits-bny-me  ( 18 min )
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    Wells Fargo reaches $1 billion shareholder settlement over recovery from scandals
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    These are the top 10 holdings of the Mormon Church's $46 billion stock portfolio
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    Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit
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    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
    (Bloomberg) -- Michael Burry, the money manager made famous in The Big Short, now has a Big Long when it comes to China. He boosted his bullish bets on e-commerce giants JD.com Inc. and Alibaba Group Holding Ltd. big time, even as other hedge funds cooled on the nation’s reopening trades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapCh  ( 40 min )
    Berkshire Holds $12 Billion of Occidental Stock After Fresh Buys
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    'Big Short' investor Michael Burry piled into First Republic, PacWest, and other ailing bank stocks last quarter
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    Oil gains on US plans to refill reserves, supply concerns
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    Michael Burry Doubles Alibaba Stake in Big Bet on China Tech
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    Here are 3 'creative' options the Treasury has if lawmakers can't reach a deal to raise the debt ceiling
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  • Open

    Weer minder bouwvergunningen, kleinste aantal sinds 2016
    In de eerste drie maanden van dit jaar zijn 12.800 vergunningen afgegeven voor nieuwbouw. Dat is 28 procent minder dan een jaar eerder en is het kleinste aantal sinds het tweede kwartaal van 2016.  ( 3 min )
    Geen paniek nodig over krimpende economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Geen paniek nodig over krimp economie: 'We schakelen een tandje terug'
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Tegenvallende economische groei geen reden tot paniek
    De Nederlandse economie is in het eerste kwartaal van dit jaar sterk gekrompen. De dip van maar liefst 0,7 procent is redelijk uitzonderlijk. De laatste keer dat onze economie in zo'n neergang terechtkwam, was tijdens de financiële crisis in 2012. Maar is dat reden voor paniek?  ( 5 min )
    Ggz-personeel krijgt flinke extra loonsverhoging vanwege inflatie
    Er was al een cao-loonsverhoging van twee keer 2 procent voor personeel in geestelijke gezondheidszorgcentra, maar nu krijgen ze er nog eens een inflatiecompensatie bij. Volgens vakbond FNV komt er nog eens 10 procent extra loon bij.  ( 3 min )
    Korte huurcontracten voor studentenwoningen verleden tijd
    Wie een woning of kamer verhuurt aan studenten mag straks geen kortlopend contract meer aanbieden van bijvoorbeeld een of twee jaar. Zulke contracten blijven wel mogelijk voor bijvoorbeeld buitenlandse studenten die een jaar in Nederland komen studeren.  ( 3 min )
    Meerjarige energiecontracten zijn terug van weggeweest
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    Personeelstekort niet zomaar verdwenen: effect vergrijzing komt er nog aan
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    Omstreden zakenman Sanderink moet ex miljoenen aan dwangsommen betalen
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    Overheid draait op voor ontmanteling van kerncentrale in Dodewaard
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    Transavia schrapt ook in juni vakantievluchten
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    WhatsApp komt met pottenkijkersbeveiliging voor pikante chats
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  • Open

    Markets Fall on Home Depot Warning, Debt Talks
    U.S. equities fell on Tuesday, May 16, 2023 as Home Depot’s revenue warning raised concerns about economic growth, and as President Biden met with congressional leaders on the debt ceiling to avoid a government default.  ( 1 min )
    Dow Jones Today: Index Slumps on Retail Sales
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    Top Industrial Stocks for May 2023
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    5 Things to Know Before Markets Open
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  • Open

    Qualified Mortgage: What it Is, How it Works
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    Timeline: Wells Fargo's Biggest Legal Settlements
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    Tips for Breaking the Ice With New Clients
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    American Recovery and Reinvestment Act (ARRA): Objectives and FAQ
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    A home mortgage is a loan given by a bank, mortgage company, or other financial institution for the purchase of a primary or investment residence.  ( 26 min )
    Cover the Spread
    A point spread is given by a sportsbook that determines by how many points the favorite is expected to win the game over the underdog team.  ( 23 min )
    Top CD Rates Today, May 16
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Debt Avalanche vs. Debt Snowball: What's the Difference?
    The debt avalanche method pays off the high-interest debt first, and the debt snowball method focuses on paying off the smallest debt first. Learn about other differences.  ( 23 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    EU Member States Accept World's First Sweeping Crypto Rules
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    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 18 min )
    Is Dividend Income Taxable?
    Understand the laws and regulations regarding taxation of dividends, and know the rates at which dividend income is taxed for most investors.  ( 22 min )
    Who Crashed the Banks? Lawmakers Find Plenty of Suspects
    Who’s to blame for the banking crisis? Maybe an easier question to answer is: who isn’t?  ( 18 min )
    Overcontribution Definition
    Overcontribution refers to any voluntary savings in a tax-deductible retirement plan that exceeds the maximum allowed contribution in a given period.  ( 22 min )
    What Are the Pros and Cons of Online Checking Accounts?
    An online checking account can save you time and money, but understand the drawbacks before signing up to make the switch.  ( 21 min )
    Split Payroll Definition
    Split payroll is a method of paying employees who are on international assignments in which pay is divided between local and home-country currencies.  ( 19 min )
    OpenAI CEO Tells Congress AI May Need Regulating
    ChatGPT executive Sam Altman told Congress Tuesday that licensing could be a way to help ensure that more power artificial intelligence models adhere to safety rules.  ( 17 min )
    Huntington Bank CD Rates: May 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 19 min )
    FTC Sues to Block Amgen’s Acquisition of Horizon Therapeutics
    The Federal Trade Commission is suing to block Amgen Inc.'s $28 billion acquisition of Horizon Therapeutics to prevent a monopoly in the market for d.rugs that treat critical ailments  ( 16 min )
    Capital One Savings Account Interest Rates: May 2023
    Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 19 min )
    Fidelity CD Rates: May 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 19 min )
    U.S. Bank CD Rates: May 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 19 min )
    How Are Nonqualified Variable Annuities Taxed?
    A nonqualified variable annuity allows you to defer taxes on your investment gains but doesn’t entitle you to a tax deduction as a qualified plan does.  ( 25 min )
    PenFed CD Rates: May 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 21 min )
    Average CD Rates Rise Again, But Is the Party Almost Over?
    Most national average rates climbed in April, but signs of a pullback are appearing and Federal Reserve actions indicate rates may flatten or decline in coming months.  ( 19 min )
    Understanding Mortgage Closing Costs
    Before you get those house keys, you’ll go to the closing table to sign loan documents and paperwork that transfers homeownership from the seller to you. That process often results in numerous fees.  ( 30 min )
    Top Industrial Stocks for May 2023
    ZIM Integrated Shipping Services, Sun Country Airlines, and Evolv Technologies lead for value, growth, and momentum, respectively.  ( 21 min )
    Top REITs for May 2023
    Among REITs, H&R Real Estate, Two Harbors Investment, and Peakstone Realty lead for value, growth, and momentum, respectively.  ( 21 min )
    Cash-Out Refinance vs. Home Equity Loan: What's the Difference?
    Though refinancing a mortgage and taking out a home equity loan each offers a source of cash for homeowners, the similarities stop there.  ( 26 min )
    Today's Mortgage Rates & Trends - May 16, 2023: Rates Jump
    Rates rose for every mortgage type, with double-digit increases in every average. Rates on 30-year loans are again near 7%, and jumbo 30-year rates are at a 12-year high.  ( 19 min )
    Homebuilder Confidence Increased This Month
    Builder confidence for single-family homes rose five points, the fifth straight monthly increase.  ( 17 min )
    Alibaba Earnings Could Suffer from Slow Chinese Consumer Spending
    Alibaba, China's most valuable retailer, is likely to report a boost in earnings per share but slow revenue growth as China's economy stumbles out of pandemic restrictions.  ( 19 min )
    401(k) vs. IRA Contribution Limits
    401(k) and IRA contribution limits are based on your age, income, and if you (or your spouse) have a plan at work. Learn about 401(k) and IRA contribution limits.  ( 26 min )
    Certified Senior Consultant (CSC) Definition
    A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.  ( 18 min )
    How to Choose the Best Mortgage for You
    Finding the right house is only half the battle. The other half is choosing the best type of mortgage. Learn how to pick a mortgage based on your needs.  ( 29 min )
    Temporary Liquidity Guarantee Program (TLGP)
    The Temporary Liquidity Guarantee Program (TLGP) was created in 2008 to stabilize the U.S. banking system during the global financial crisis.  ( 23 min )
    Failed Break: What it is, How it Works, Example
    A failed break occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction.  ( 20 min )
    Retail Sales Ticked Up in April, Even As Inflation Forced Cutbacks on Non-Essentials
    Consumers continued to make trade-offs in their April budgets but didn't stop spending, as retail sales rose 0.4% in April after two months of declines.  ( 16 min )
    Should You Refinance Your Mortgage When Interest Rates Rise?
    Refinancing is a great way for many homeowners to improve their financial situation, but you need to be aware of the downsides.  ( 27 min )
    What Affects Your Credit Score?
    Factors that can affect your credit score are your payment history, your credit mix, your credit utilization ratio and the length of your credit history.  ( 25 min )
    Tax Help After Natural Disasters
    The Internal Revenue Service (IRS) offers tax relief to people affected by natural disasters. What forms of tax help exist, and how do you qualify?  ( 23 min )
    What Is a Subprime Mortgage? Credit Scores, Interest Rates
    A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.  ( 26 min )
    5 Ways Not to Use a Home Equity Line of Credit (HELOC)
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    Getting a Mortgage for Non-U.S. Citizens
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    Refinance: What It Is, How It Works, Types, and Example
    A refinance occurs when a business or person revises the interest rate, payment schedule, and terms of a previous credit agreement.  ( 24 min )
    5 Things to Know Before Markets Open
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    Pre-Qualified vs. Pre-Approved: What’s the Difference?
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    How Interest Rates Affect the Housing Market
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  • Open

    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares are down after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )
    Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years
    Home Depot shares fell Tuesday morning after the largest U.S. home improvement retailer had its biggest quarterly sales miss in more than two decades, and cut its full-year guidance. The company has been impacted by a slowdown in demand following the boom in home renovation during the COVID-19 lockdowns.  ( 1 min )

  • Open

    Warren Buffett says the married couple behind the maker of Squishmallows are 'ideal Berkshire managers'
    Judd and Laura Zebersky joined Warren Buffett's empire after Berkshire Hathaway acquired their parent company last October.  ( 39 min )
    State Supreme Court overturns judge's ruling prohibiting Tesla dealership in Delaware
    Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In a ruling last year, a Superior Court judge determined that Delaware's Motor Vehicle Franchising Practices Act prohibited Tesla, as a manufacturer, from selling its electric cars directly to customers in Delaware. The Supreme Court reversed that decision and sent the case back to Superior Court, noting that the franchise act was enacted to address the disparity in bargaining power that permitted automobile manufacturers to exert economic pressure over their franchises.  ( 40 min )
    Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares
    (Bloomberg) -- Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalRemote Work Comes With Daytime Drug and Drinking Habits  ( 39 min )
    These 2 EV Stocks Under $10 Have Over 70% Upside Potential, Says Cantor
    Electric vehicles (EVs) have been dominating headlines due to the convergence of social, cultural, and political forces driving a shift from conventional combustion-powered cars to zero-emission vehicles. This shift has sparked a surge in government programs and spending designed to quickly expand the infrastructure needed to support a growing fleet of EVs. In return, we are also seeing enormous growth in EV manufacturers. The infrastructure support is substantial. Cantor senior analyst Andres S  ( 42 min )
    Warren Buffett sells stakes in two banks, raises Bank of America bet
    The Oracle of Omaha has made it clear that he is still cautious about holding many bank stocks.  ( 40 min )
    Stan Druckenmiller, David Tepper Lead Family Offices Betting on AI
    (Bloomberg) -- Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryS&P ETF Barely Budges on Yellen’s Late-Day Notice: Markets WrapRemote Work Comes With Daytime Drug and Drinking HabitsMicrosoft’s $69 Billion Activision Deal Wins EU ApprovalDru  ( 40 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
    Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla  ( 40 min )
    Dow Jones Futures: McCarthy Says Sides Are 'Far Apart' On Debt Ceiling; AI Stock C3.ai Rockets 23%
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    Elon Musk subpoenaed in Jeffrey Epstein litigation in U.S. Virgin Islands
    The U.S. Virgin islands subpoenaed Tesla Inc CEO Elon Musk in its litigation into the role played by JPMorgan Chase & Co in the activity of sex offender Jeffrey Epstein, according to a Monday court filing.  ( 38 min )
    Home Depot Q1 earnings preview: Here's what to expect
    Home Depot is expected to report its fiscal first quarter 2023 earnings results Tuesday before market open as consumer spending on home improvement softens compared to the pandemic boom.  ( 40 min )
    Berkshire Hathaway Opens New Position in Capital One, Exits Taiwan Semiconductor, BNY Mellon
    Berkshire Hathaway's 13F is out. Warren Buffett's company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon.com and Celanese in the first quarter, the filing showed. Berkshire also eliminated its positions in RH, the home-furnishings compa  ( 18 min )
    Dow Jones Up As McCarthy Gives Debt Ceiling Warning; Activist Investor Targets This Growth Stock
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    Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
    Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed for bankruptcy on Sunday, as it buckles under the weight of lawsuits alleging that "forever chemicals" in its firefighting foam products have contaminated water sources around U.S. airports and military bases. Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Since 2016, Kidde-Fenwal has been named as a defendant in more than 4,400 lawsuits filed by local governments, companies and individuals, claiming that aqueous film forming foam (AFFF) products contaminated drinking water and soil with perfluoroalkyl and polyfluoroalkyl substances, known as PFAS or "forever chemicals."  ( 39 min )
    Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
    People with units of the pipeline operator will be fully taxed on the entire cash-and-stock deal, so much of their gains will go to Uncle Sam.  ( 22 min )
    ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 17 min )
    C3.ai stock pops, company raises outlook amid 'accelerating' AI interest
    C3.ai jumps after the artificial intelligence company raised its outlook amid 'accelerating' AI interest  ( 40 min )
    Home Depot Earnings Expected To Fall For The First Time In Three Years
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    Icahn Has Faced Many Probes But Hindenburg Claims Stand Apart
    (Bloomberg) -- Icahn Enterprise LP’s disclosure of a May 3 inquiry from federal prosecutors in New York sent the company’s shares reeling, but it’s far from the first time Carl Icahn has faced a government probe.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesStocks See Small Moves in Run  ( 42 min )
    Michael Burry of ‘The Big Short’ gambles on regional bank stocks
    The investor who gained fame for his short bets during the 2008 financial crisis made a number of new investments in banks during a chaotic quarter for that industry.  ( 41 min )
    'A sign of trouble?' Why more Americans are missing their debt payments.
    The delinquency transition rate for credit cards—the share of credit card debt that is 30 days or more past due— is approaching pre-pandemic levels. That's not great news.  ( 40 min )
    Seeking at Least 11% Dividend Yield? Here Are 2 Top ETFs to Consider
    You’ve probably heard the old market adage to “Sell in May and go away.” Instead, how about using this time to start considering dividend-paying ETFs? There’s no time like the present to start building a dividend portfolio that can set you up with years of passive income. Here are two big dividend ETFs that both yield over 11% that you can consider using to jumpstart your dividend portfolio. Even better, while some high-yield ETFs lure investors in with eye-popping yields but then end up providi  ( 42 min )
    UPDATE 1-Musk tells Tesla staff he must approve all hiring - the Information
    Tesla Chief Executive Elon Musk has said that the company can make no new hires unless he personally approves them, including contractors, the Information reported on Monday, citing an email to staff. According to the report, Musk told executives to send him a list of hiring requests on a weekly basis, while also cautioning them to "think carefully" before submitting such requests. Tesla did not immediately respond to a Reuters request for comment.  ( 38 min )
    Michael Burry Loaded Up on Bank Stocks in Tumultuous Quarter
    (Bloomberg) -- Famed short-seller Michael Burry took big stakes in regional banks during the first quarter, including the failed lender First Republic before it was bought up by JPMorgan Chase & Co. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryRemote Work Comes With Daytime Drug and Drinking HabitsChina Jails 78-Year-Old American for Life on Spying ChargesHis hedge fund, Scion Asset Management, sn  ( 38 min )
    Warren Buffett’s top 5 dividend paying stocks that will help him make nearly $6 billion in cash this year
    Follow Buffett’s lead to build a portfolio of dividend-paying stocks.  ( 40 min )
    Column: Here's why the debt ceiling is not only stupid — it's unconstitutional
    The debt ceiling is plainly unconstitutional and a nuclear weapon in the hands of willful children. It's time to ignore it.  ( 42 min )
    Taylor Swift showed her financial savvy when she avoided a FTX deal. She puts her money in a niche type of fund, an elite investor says.
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    'Big Short' investor Burry bet on regional banks in first quarter
    Hedge fund manager Michael Burry, who rose to fame with his bets against the U.S. housing market before the 2008 financial crisis, added new positions in several regional banks during a tumultuous first quarter for the sector, according to securities filings released on Monday. Burry's Scion Asset Management’s positions included 150,000 shares in First Republic Bank, 250,000 shares in PacWest Bancorp, 850,000 shares in New York Community Bancorp, and 125,000 shares of Western Alliance Bancorp , filings showed. First Republic collapsed May 1, making it the largest bank failure since the 2008 financial crisis.  ( 39 min )
    SoFi CEO Anthony Noto Discloses Stock Purchases by Wife Dating Back to 2021
    The chief executive disclosed on Tuesday about $220,000 of SoFi stock purchases made by his wife Kristin Noto from August 2021 through this May.  ( 23 min )
    Analyst Report: Marathon Oil Corporation
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    Analyst Report: Fortive Corp
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    Market Update: MRO, FTV, LYFT
    No content preview
    Analyst Report: Lyft Inc
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    Mega Midstream Merger Has Investors Shrugging
    Analysts expected energy company Oneok to make a big deal. They didn’t expect this one. The company on Sunday announced that it agreed to merge with Magellan Midstream Partners in a deal  ( 19 min )
    Verizon Chief Marketing Officer Diego Scotti Stepping Down After Eight Years
    Chief Strategy Officer and Executive Vice President Rima Qureshi will assume responsibility for Verizon’s marketing team on an interim basis.  ( 27 min )
    'We Don't Want To Compete With Elon': Warren Buffett Praises Tesla CEO, But These EV Companies — Including One In His Portfolio — Are Still In The Game
    Elon Musk and Warren Buffett are talented in their own right. One is a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space. The other is an investing legend who has helped Berkshire Hathaway Inc. shareholders generate extraordinary returns for decades. At Berkshire’s latest annual shareholders meeting, Buffett spoke highly of the Tesla CEO. “Elon is a brilliant, brilliant guy,” Buffett said. “He dreams about things, and his dr  ( 41 min )
    Western Digital Stock Spikes on Report It Nears Flash Memory Merger With Kioxia
    Most of Western Digital flash-memory chips are produced by the company's joint venture with Japan-based Kioxia.  ( 23 min )
    3M fires long-time executive Michael Vale amid 'inappropriate personal misconduct' claims
    Michael Vale's termination went into effect May 12, according to a statement released from the company.  ( 38 min )
    3M fires company executive for inappropriate conduct weeks after promotion
    WASHINGTON (AP) — 3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday. Vale was promoted to group president and chief business and country officer just last month. Vale worked at 3M for more than 30 years, according to an April 25 press release announcing his promotion, which said he would report to Chairman and CEO Mike Roman.  ( 38 min )
    Microsoft’s $69 Billion Activision Deal Cleared by EU. Why the Deal Is in Trouble.
    Despite the signoff from European regulators, Microsoft still faces objections from the U.S. and U.K.  ( 22 min )
    Berkshire’s Stock Purchases Are Unveiled Today. Watch for News on Sales, Too.
    The Warren Buffett-led company might have been a seller of Bank of New York and U.S. Bancorp in the first quarter.  ( 23 min )
    One Theory Why Oneok is the S&P 500's Worst Performer Today
    Traders are skeptical of pipeline operator Oneok's roughly $14 billion deal to buy smaller rival Magellan and create the second-largest U.S.-based midstream company by stock-market value. Why that might be: The  ( 19 min )
    PacWest, Regional Bank Stocks Gain
    PacWest and other regional banks are starting the week with gains after selling off last week. Regional bank stocks have been volatile since the banking turmoil that erupted in March. PacWest shares hav  ( 18 min )
    Dental Insurance for Retirees Isn’t a Great Deal. Consider This Option Instead.
    Stand-alone dental insurance often has limits of $1,000 to $2,000 worth of coverage a year, meaning patients still end up paying for most of the costs on expensive procedures.  ( 34 min )
    EU approves Microsoft's deal to buy 'Call of Duty' maker
    The EU approval complicates the path forward for the tie-up weeks after regulators in the US rejected the same plan.  ( 40 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 26 min )
    ONON Stock Has Sprinted 94% In 2023. Analysts See Huge Earnings Growth For On Holding.
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    Stellantis halts battery plant construction over dispute with Canadian govt
    Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing plan in Windsor, Canada over a disagreement with the federal government about subsidies, a spokesperson for the company said on Monday.  ( 38 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 26 min )
    SoFi Stock Gets a Downgrade Days After an Upgrade. Why Wall Street Is Divided.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 25 min )
    H&R Block Stock and Intuit Tumble on Direct Electronic Tax Filing Proposal
    The average American spends 13 hours and $250 each year to file their taxes, the IRS says.  ( 23 min )
    Schwab Stock Gains on Upgrade. Are Its Deposit Problems Over?
    The broker's shares were upgraded to Outperform from Market Perform at Raymond James.  ( 22 min )
    C3.ai Stock Rises After Earnings. It Sees Revenue Topping Forecasts.
    The artificial-intelligence software provider forecast higher revenue and a lower operating loss in its fourth quarter than previously guided.  ( 22 min )
    Stocks waver amid debt-limit hopes: Stock market news today
    U.S. stock futures edged higher ahead of the open on Monday as investors took hope that lawmakers can reach a deal in the debt-ceiling standoff.  ( 40 min )
    Cathie Wood Sees the Value of These 2 Stocks Differently Than Goldman Sachs
    Cathie Wood has built a reputation as one willing to bet on disruptive tech and potential game-changing stocks. It’s a strategy the ARK Invest CEO has stuck to whether her choices have easily outperformed the market – as was the case during the pandemic – or badly trailed it – as happened last year. So far, this year, Wood’s flagship fund, the ARK Innovation ETF, has done rather well, showing year-to-date gains of a market-beating 24% although the ETF still remains some distance off the highs no  ( 42 min )
    Kioxia And Western Digital Fast-Track Merger Discussions, Nearing A Deal
    Kioxia Holdings Corp and Western Digital Corp (NASDAQ: WDC) accelerated merger talks have progressed towards a deal as plunging market demand and oversupply of chips weighed on the companies. Kioxia would have a 43% stake and Western Digital a 37% ownership under the deal, Reuters cites familiar sources. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics Co, Ltd (OTC: SSNLF). The planned merger will also likely draw anti-trus  ( 39 min )
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
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    Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor?
    Is it worth paying a financial advisor to manage retirement funds if you are confident in your own financial investment strategies? I feel like I have a solid understanding of long-term investment strategies. And as such, I feel the roughly … Continue reading → The post Ask an Advisor: I Have a ‘Solid Understanding' of Investment Strategies. So Why Should I Pay 1% to a Financial Advisor? appeared first on SmartAsset Blog.  ( 41 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    Do I Owe Taxes on My Passive Income?
    Most people's income comes as the direct result of work - you get a job, show up, hopefully perform decently well and then money shows up in your bank account. Some people, though, look to set up streams of passive … Continue reading → The post Passive Income: How Is It Taxed? appeared first on SmartAsset Blog.  ( 41 min )
    Why the red-hot tech trade may crumble: Morning Brief
    Is it time for tech stocks to take a breather?  ( 41 min )
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 40 min )
    3M Fires Longtime Executive, Citing Inappropriate Personal Conduct
    Michael Vale has worked for the company for more than 30 years.  ( 24 min )
    I'm High-Net Worth. Why Do I Keep Getting Denied a Loan?
    If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.  ( 41 min )
    Dow Jones Futures Rise With Biden-McCarthy Meeting On Deck; 6 Best Stocks To Buy And Watch
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    SoFi Gets a Downgrade Just Days After a Buy. Wall Street Is Divided on the Stock.
    The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the fee income could decline significantly, Wedbush analysts said.  ( 22 min )
    Regional Banks May Emerge as a Winner in Debt Showdown, State Street Says
    (Bloomberg) -- Trillions of dollars stowed away in short-term US Treasuries are looking anything but safe as the debt ceiling deadline edges closer. That’s prompted an ETF giant to warn that one of the year’s hottest haven trades could be about to unwind — and throw beleaguered regional banks a lifeline.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Goes to Runoff Vote as Erdogan Falls Short of 50% MarkRemote Work Comes With Daytime Drug and Drinking  ( 40 min )
    Weekly Stock List
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    8 Stocks' Monster Profit Growth Can't Be Contained
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    Daily Spotlight: Fed Cuts Expected in 2024
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    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Shell Plc
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    Analyst Report: Metlife Inc
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    Analyst Report: National Fuel Gas Co.
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    Analyst Report: Johnson Controls Intl pl
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    Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand? Who's At Risk?
    No content preview
    Sell in May and Go Away? Sure. Just Not These Stocks
    You’ve likely heard the Wall Street saying, Sell in May and go away. Turns out, there’s some truth to it.  ( 40 min )
    Nike Peers Rocket Up To 95% In 2023. Why Shoemakers Skechers, On Holding, Deckers Are Running Now.
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    Gold, Oil and Gambling–Merger Monday Is Back. What This Says About Recession.
    Debt ceiling takes center stage as Biden prepares for G-7, Turkey’s Erdogan fails to clinch victory, EV start-ups forecasting disappointing targets, and other news to start your day.  ( 22 min )
    AI Spending Will Cloud Chip Slowdown
    Google, Microsoft and other big techs are slowing capital spending while also launching generative AI services that require the most expensive chips.  ( 26 min )
    US Credit Crunch Claims Seven More Firms Filing for Bankruptcy
    (Bloomberg) -- Media upstart Vice Media LLC and home security company Monitronics International Inc. were among at least seven firms filing for US Chapter 11 bankruptcy protection in the past 24 hours as companies feel the crunch from a year of interest hikes.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTurkey Poised for Vote Runoff as Erdogan Ballots Fall ShortChina Jails 78-Year-Old American for Life  ( 40 min )
    Explainer-How Wall Street is preparing for possible US debt default
    As talks over raising the U.S. government's $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. Citigroup CEO Jane Fraser said this debate on the debt ceiling is "more worrying" than previous ones.  ( 39 min )
    NeoGames Stock Soars on $1.2 Billion Acquisition by Australia’s Aristocrat Leisure
    NeoGames stock more than doubles after the company reaches an agreement to be acquired by Australia's Aristocrat Leisure.  ( 25 min )
    IRS Weighs Creating a Government-Run Tax-Prep Option
    Companies such as TurboTax are leaning on lawmakers to fight a change.  ( 26 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Newmont reaches a deal to acquire Australian gold and copper miner Newcrest Mining for $17.5 billion, while Oneok will be buying Magellan Midstream Partners in a cash-and-stock deal with a value of about $18.8 billion including debt.  ( 23 min )
    Turkey’s Markets Drop as Bets for Erdogan Exit Unravel
    (Bloomberg) -- Traders were bracing for more volatility in the Turkish lira as early vote tallies in the presidential election appeared headed to a runoff in two weeks, adding more pressure on the tightly-controlled currency. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After Hi  ( 40 min )
    Oneok Stock Falls After $19 Billion Deal to Become Oil and Gas Pipeline Giant
    The merger diversifies Oneok's operations from primarily natural gas into oil and refined products.  ( 23 min )
    These Stocks Are Moving the Most Today: Newmont, Oneok, Magellan Midstream, NeoGames, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 23 min )
    China opens channel giving investors access to $3 trillion swaps market
    (Bloomberg) -- Global investors seeking to trade China’s reopening will have a new strategic tool from Monday: onshore interest-rate swaps that had an annual turnover of $3 trillion last year.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe so-called Swap Connect  ( 40 min )
    U.S. Stock Futures March Higher With Debt-Ceiling Talks in Focus
    Stock futures advanced to start a new week of trading, with developments on the looming U.S. debt ceiling in focus alongside a trickle of economic data and remarks from central bank officials due in the coming days. Futures for the Dow Jones Industrial Average rose 140 points, or 0.4%, after the in  ( 30 min )
    Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.
    The takeover would cement Newmont’s position as the world’s largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.  ( 23 min )
    Morgan Stanley’s Wilson expects debt ceiling debate to trigger sharp stock swings
    (Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most bearish voices on Wall Street — expects the debate around raising the US government’s $31.4 trillion borrowing limit to trigger some sharp swings in equity markets.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsSea’s Path to Profit Paved With Layoffs, Single-Ply Toilet PaperJeffrey Epstein Keeps Haunting Wall Street Long After His DeathMost  ( 39 min )
    BAT names finance director Marroco as CEO as Bowles bows out
    British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco firm since 1992 and was appointed to the board in 2019. Director Javed Iqbal will be interim finance director while the group looks for a permanent replacement for Marroco, the company said.  ( 37 min )
    Vice Files for Chapter 11 in Shift of Fortune for Media Upstart
    (Bloomberg) -- Vice Media LLC filed for bankruptcy protection, punctuating a relatively rapid decline for the media upstart that once boasted a $5.7 billion valuation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe Brooklyn-based company listed both assets and li  ( 38 min )
    Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
    Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of the matter said, as a slumping flash memory market puts fresh consolidation pressure on the world's No. 2 and No. 4 players. Japan's Kioxia and U.S. chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory businesses could boost competitiveness against rivals like South Korea's Samsung Electronics.  ( 40 min )
    In the Market: Why US regional banks are doomed to a doom loop
    Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven't really wanted to do, like letting the largest U.S. bank get even bigger. Take the case of the Federal Deposit Insurance Corp (FDIC), one of the main banking regulators. In a December 2021 statement, Chairman Martin Gruenberg said the sale of some troubled banks to the likes of JPMorgan Chase & Co during the financial crisis of 2008 had arguably "increased long-term financial stability risk."  ( 39 min )
    Another China Defaulter Gets Liquidation Order as Pressure Grows
    (Bloomberg) -- Pressure is mounting for China’s dollar bond defaulters to present disgruntled creditors concrete restructuring plans, as another firm that has failed to do so now faces court-ordered liquidation.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsJeffrey Epstein Keeps Haunting Wall Street Long After His DeathTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpDangdai  ( 38 min )
    Stock market today: Asian markets, oil lower as recession fears, debt ceiling darken outlook
    Asian shares were mostly lower Monday, dogged by persisting worries over a possible recession and the risk of a default on the U.S. national debt. U.S. futures and oil prices also fell. This week will bring major updates on the Chinese and Japanese economies.  ( 41 min )
    Bitcoin, Ether edge higher; Litecoin leads gainers; investors weigh impact of US debt crisis
    Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.  ( 39 min )
    $14 Billion Deal to Create Mega-Pipeline Company
    The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.  ( 26 min )
    US Equity Futures Fall as Baht Gains With Rand: Markets Wrap
    (Bloomberg) -- US stock futures declined and the dollar traded in tight ranges versus major peers as investors weighed signs of progress in talks to avert a debt default and persistent inflationary pressure. Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpMuch of the act  ( 40 min )
    Oil falls as economic concerns offset prospect of tighter supplies
    Oil prices slipped on Monday as concerns about fuel demand at top global oil consumers U.S. and China offset optimism about tightening supplies from any OPEC+ cuts and a resumption in U.S. buying for reserves. Brent crude futures fell 43 cents, or 0.6%, to $73.74 a barrel by 0130 GMT while U.S. West Texas Intermediate crude was at $69.67 a barrel, down 37 cents, or 0.5%. "Oil prices are still under pressure on sluggish demand outlooks as China’s economic reopening progress seems bumpy," CMC Markets analyst Tina Teng said, adding that the U.S. banking rout has also caused market jitters.  ( 39 min )
    Oil Drops for a Fourth Day as Concerns Over Demand Persist
    (Bloomberg) -- Oil held a fourth weekly loss as concerns over the US economy and China’s slower-than-expected recovery weighed on the outlook.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpWest Texas Intermediate futures traded near $70 a barrel after the longest run of  ( 39 min )
    China holds rates, adds more liquidity as recovery struggles
    China's central bank rolled over maturing medium-term policy loans while keeping interest rates unchanged on Monday, matching market expectations. The People's Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($18.08 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.75% from the previous operation. In a Reuters poll of 30 market watchers conducted last week, 26 participants, or 86.7%, predicted no change to the MLF rate, while four respondents expected a marginal rate cut.  ( 37 min )
    Oneok to buy Magellan Midstream in $19bn US pipeline deal
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
    (Bloomberg) -- The risk of a US debt default is greater than it’s ever been, threatening to tip global markets into a brand-new world of pain. For investors, there are few places to hide other than the oldest hedge in the book: gold.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier  ( 41 min )
  • Open

    Warren Buffett Buys Capital One, Dumps BNY Mellon
    Warren Buffett's Berkshire Hathaway shook up its bank holdings last quarter, adding Capital One and exiting positions in two other major lenders amid banking sector turmoil.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 15: Rates Continue Slide
    Personal loan rates dropped again for a third week in a row, lowering the overall average by 28 basis points.  ( 17 min )
    How Do Credit Bureaus Make Money?
    Credit bureaus make money by acting as information brokers for consumer credit histories, selling their services to banks, mortgage lenders, retailers, and more.  ( 22 min )
    Dow Jones Today: Index Inches Up Before Debt Ceiling Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 17 min )
    Top CD Rates Today, May 15
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Judgment: What it is, How it Works, Examples and FAQ
    A judgment is a court decision adjudicating a dispute between two parties by determining the rights of each party. Read how monetary judgments work.  ( 24 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 16 min )
    How To Talk With Your Clients About ESG Investing
    Environmental, social, and governance (ESG) investing is growing in popularity. See some tips for discussing ESG opportunities with your clients.  ( 29 min )
    Household Debt Rises to $17 Trillion As Delinquencies Increase
    Americans have more debt than ever, and more people are falling behind on paying it.  ( 16 min )
    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 16 min )
    Atlanta Fed’s Bostic Says He Doesn't See Rate Cut This Year
    Three Fed bank presidents weighed in on the future of interest rates and inflation, with Atlanta Fed President Raphael Bostic saying he doesn't see an interest rate cut this year.  ( 18 min )
    Using Your Savings on a Mortgage Down Payment
    There are numerous low-down-payment mortgage options out there, but sometimes it makes sense to build up your savings so you can borrow less.  ( 21 min )
    Top Communications Stocks for May 2023
    DISH Network, Warner Bros. Discovery, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Slowing Consumer Spending Likely Weighed on Target’s Q1 Earnings
    Target, the nation’s seventh-largest retailer by revenue, will likely say earnings fell 20% in the first quarter amid a slowdown in comparable store sales and discretionary spending.  ( 17 min )
    Loans for First-Time Homebuyers: How to Finance
    If you’re a first-time homebuyer, the options for borrowing can be exponential and potentially overwhelming. Here are some home financing basics.  ( 32 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 15 min )
    How to Get Pre-approved for a Mortgage
    If you’re serious about buying a home, you need to get pre-approved for a mortgage. Learn what is required so you can speed up the approval process.  ( 38 min )
    Cryptocurrencies To Watch: Week of May 15
    This week’s cryptocurrencies to keep an eye on are Kava (KAVA), Bitcoin SV (BSV), Lido DAO (LDO), Rocket Pool (RPL), and Litecoin (LTC).  ( 19 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 16 min )
    Golden Hammer
    Golden hammer refers to an excessive dependence upon a specific tool to perform many different functions.  ( 18 min )
    Top Tips for Young Financial Advisors
    A younger generation of financial advisors is ready to make their mark on the industry. Here's how they can set themselves apart.  ( 23 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 18 min )
    Know Your Shareholder Rights
    Common stock owners have numerous privileges and should be vigilant in monitoring a company. Read on to learn what rights you have as a shareholder.  ( 25 min )
    Why So Few Houses For Sale? Pandemic-Refinancers Have 24 Billion Reasons to Stay Put
    There aren’t many houses for sale, and that’s partly because of the 14 million mortgage holders who took advantage of ultra-low interest rates in 2020 and 2021.  ( 18 min )
    Top Oil Tanker Stocks for Q2 2023
    Tsakos Energy Navigation, Dorian LPG, and TORM are the top oil tanker stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Inside the Most Important Charts in the World as the Debt Ceiling Deadline Looms
    JC Parets of AllStarCharts rejoins The Express to help us find where the bulls are running across the entire global stock market, and shares his favorite wines for the Spring season.  ( 15 min )
    Top Materials Stocks for May 2023
    Cemex, Albermarle, and Patriot Battery lead for value, growth, and momentum, respectively  ( 20 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 16 min )
    Risk Measurement: Types of Risk and Ways to Measure Them
    Learn about common metrics used in risk measurement and how to use risk management techniques to assess the risk associated with an investment.  ( 24 min )
    Today's Mortgage Rates & Trends - May 15, 2023: Rates Waver
    Most mortgage averages moved slightly up, after two days of decline. The movement was minor for most loan types, though jumbo 30-year rates rose a full eighth of a point.  ( 20 min )
    What Is a Furnisher in Business? With Examples
    A furnisher is a company that provides information about a consumer, including credit history, to a credit bureau. Learn how furnishers work.  ( 21 min )
    What Is the Equal Credit Opportunity Act (ECOA)? Purpose
    The Equal Credit Opportunity Act (ECOA) is a federal civil rights law that forbids lenders to deny credit to an applicant based on any factor unrelated to the person's ability to repay.  ( 26 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 18 min )
    Working Capital: Formula, Components, and Limitations
    Working capital, or net working capital (NWC), is a measure of a company’s liquidity, operational efficiency, and short-term financial health.  ( 28 min )
    Chattel Mortgage Non-Filing Insurance Definition
    “Chattel mortgage non-filing insurance” refers to a type of insurance product purchased by chattel mortgage providers and other financial firms.  ( 18 min )
    What Does Finance Mean? Its History, Types, and Importance Explained
    Finance is the study and management of money, investments, and other instruments. Learn about the basics of public, corporate, and personal finance.  ( 37 min )
    Emerging Market Fund Definition
    An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.  ( 20 min )
    Basis Differential
    Basis differential is the difference between the spot price of a commodity to be hedged and the futures price of the contract used.  ( 18 min )
  • Open

    Dow Jones Today: Index Inches Up Before Debt Debt Talks
    Intel rebounds from a last week’s fall, while Verizon’s 2% drop is the worst of the Dow  ( 1 min )
    Markets Make Gains on Debt Ceiling Talks, Data Ahead
    U.S. equities made small advances on Monday, May 15, 2023 on optimism about the debt ceiling negotiations, and new economic data coming this week  ( 1 min )
    5 Things to Know Before Markets Open
    President Biden looks to meet Tuesday with congressional leaders on the debt ceiling and Newmont agrees to buy Newcrest in the largest gold-mining deal ever. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tienduizenden open vacatures: tekort aan personeel blijft onverminderd hoog
    Veel bedrijven staan te springen om nieuw personeel. Het aantal openstaande vacatures blijft hoog en dat betekent dat de krapte op de arbeidsmarkt nog steeds erg groot is. Vooral in de handel, zakelijke dienstverlening en de zorg zijn veel mensen nodig.  ( 3 min )
    Bijna 15 miljard euro aan munten en goud in geheim vervoerd naar opslag Zeist
    De Nederlandsche Bank (DNB) heeft de afgelopen maand voor bijna 15 miljard euro aan goud, munten en bankbiljetten verhuisd naar een opslag in Zeist, meldt de centrale bank maandag. Daar bevindt zich sinds kort het nieuwe zogenoemde DNB Cashcentrum.  ( 4 min )
    Kabinet krijgt tik op vingers voor begroting: 'Geen buffers voor tegenvallers'
    De Raad van State heeft stevige kritiek op de begrotingsplannen van het kabinet. De belangrijkste adviseur van het kabinet waarschuwt dat het kabinet met de forse uitgaven "dicht langs de vangrail" stuurt. "Er zijn daardoor geen buffers voor het opvangen van eventuele financiële tegenvallers."  ( 5 min )
    Duitsland wil kleinere lng-terminals voor de kust nu energiecrisis voorbij is
    De twee te bouwen lng-terminals voor de kust van het Duitse Rügen worden bijna de helft kleiner. De capaciteit van 18 miljard kubieke meter is niet meer noodzakelijk nu de energietekorten zijn afgewend. Ook was er protest tegen de drijvende terminals.  ( 3 min )
    Windparken op Noordzee 'voor het eerst' stilgezet om trekvogels te beschermen
    Windmolens op zee bij Borssele en Egmond aan Zee hebben zaterdag vier uur lang stilgestaan omdat massale vogeltrek boven de Noordzee was voorspeld. Zo hadden de vogels een veiligere doortocht, zegt minister Rob Jetten (Klimaat en Energie). Deze stap zou wereldwijd voor het eerst zijn gezet.  ( 4 min )
    Microsoft mag Activision overnemen van Brussel, maar deal blijft onzeker
    Xbox-maker Microsoft mag van de Europese Commissie gamesbedrijf Activision Blizzard overnemen. Toch blijft het nog maar de vraag of de overname kan doorgaan; het is onzeker of de autoriteiten in het Verenigd Koninkrijk en de Verenigde Staten ook akkoord gaan met de grootste overname ooit in de gamesindustrie.  ( 4 min )
    Brussel beslist over de grootste overname ooit in de game-industrie
    De Europese Commissie beslist waarschijnlijk in de komende dagen of Microsoft Call of Duty-ontwikkelaar Activison Blizzard mag overnemen. Maar zelfs met Europese toestemming staat de grootste overname ooit in de game-industrie op losse schroeven.  ( 5 min )
    Duitse gasleveranciers onderzocht om mogelijk misbruik prijsplafond
    Het Bundeskartellamt gaat onderzoeken of een aantal Duitse energieleveranciers misbruik heeft gemaakt van het prijsplafond bij de oosterburen. Mogelijk dat de leveranciers meer subsidie hebben gevraagd dan waar ze recht op hadden. De toezichthouder sluit niet uit dat er meer onderzoeken volgen.  ( 3 min )
    Zonnige prognose voor Europese economie, angst voor recessie zakt weg
    De Europese economie zal meer groeien dan verwacht, volgens de Europese Commissie. Het dagelijks EU-bestuur rekent op een groei van 1,1 procent in plaats van 0,9 procent. Daarmee zakt de angst voor een recessie verder weg.  ( 4 min )
    Vattenfall verlaagt tarieven voor stroom en gas tot onder het prijsplafond
    Klanten van Vattenfall met een variabel contract krijgen vanaf 1 juli tarieven die onder het prijsplafond liggen. Eerder verlaagden andere leveranciers, waaronder Eneco en Essent, hun tarieven ook al tot onder die grens.  ( 4 min )
    Vice Media vraagt uitstel van betaling aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 3 min )
    Vice Media vraagt faillissementsbescherming aan
    Vice Media heeft faillissementsbescherming aangevraagd. Het gaat om uitstel van betaling. Op deze manier probeert het Canadees-Amerikaanse mediabedrijf de verkoop aan een groep schuldeisers te vergemakkelijken.  ( 2 min )
    Vast energiecontract opzeggen wordt duurder
    Vanaf 1 juni gelden nieuwe regels voor het opzeggen van een vast energiecontract. Dit betekent dat consumenten die een nieuw vast contract tekenen goed moeten opletten. Het wordt namelijk flink duurder om dat voortijdig op te zeggen.  ( 3 min )
    Turkse beurs zakt 6 procent na uitblijven van winnaar presidentsverkiezingen
    De aandelenbeurs in Istanboel is maandagochtend meer dan 6 procent gezakt. Dat komt door de onduidelijkheid over de toekomst van het land, nu er nog geen duidelijke winnaar is bij de Turkse presidentsverkiezingen.  ( 2 min )
    Argentijnen bestrijden gierende inflatie met rente van ruim 90 procent
    De Argentijnse regering wil met een pakket maatregelen de inflatie van maar liefst 109 procent bestrijden. Zo gaat de rente verder omhoog, moet de eigen valuta worden ondersteund en wil het Zuid-Amerikaanse land nieuwe deals maken met schuldeisers.  ( 3 min )
    Toezichthouder waarschuwt voor misleidende telefoontjes van energieleveranciers
    De energiemarkt krabbelt op, maar dat heeft ook minder leuke kanten. Consumenten moeten namelijk oppassen voor de agressieve en misleidende manier waarop energieleveranciers nieuwe klanten proberen te werven.  ( 3 min )
    NU+ | Nieuwe Twitter-topvrouw in aantal opzichten tegenpool van Elon Musk
    Linda Yaccarino volgt Elon Musk op als hoogste baas van Twitter, een half jaar nadat hij het sociale medium heeft gekocht. Ze is een grote naam in de wereld van de tv-reclame en belichaamt twee dingen waar Musk een hekel aan heeft: reguliere media en reclame.  ( 4 min )
    Explainer | Dure boodschappen door hogere lonen? Zo werkt een loon-prijsspiraal
    Directeur Klaas Knot van De Nederlandsche Bank waarschuwt voor een loon-prijsspiraal als de lonen te veel doorstijgen. Wat is dit precies?  ( 3 min )
    Gemeenten blijven worstelen met energietoeslag voor studenten: hoe zit dat?
    De energietoeslag voor studenten blijft een heikel punt voor gemeenten. Studenten slepen gemeentes voor de rechter, vaak met succes. Wat is er aan de hand en komt er nog een échte oplossing?  ( 5 min )
  • Open

    ONEOK Buys Magellan for $18.8B Billion to Add Oil, Refined Products
    Natural gas pipeline operator ONEOK agreed to buy Magellan Midstream Partners, L.P. for $18.8 billion.  ( 1 min )
    H&R Block Shares Sink as IRS Considers Offering Free Tax Filing Service
    H&R Block (HRB) shares are sinking as the Internal Revenue Service (IRS) is set to release a report this week about plans to offer free online tax filings on its website.  ( 1 min )
    What To Expect From Tesla's Annual Shareholder Meet
    Tesla Inc. will host some shareholders at its Austin, Texas gigafactory for its annual general meeting this week, amid speculation over Elon Musk's succession planning.  ( 1 min )
    EU Clears Microsoft’s $69 Billion Takeover of Activision Blizzard, With Caveats
    Microsoft's purchase of Activision Blizzard, which was blocked by U.K. regulators last month, is the biggest consumer tech acquisition in more than two decades.  ( 1 min )
    Newmont Acquires Newcrest, Creating World’s Biggest Gold Mining Company
    Newmont, the world’s largest gold mining company, acquired Australian rival Newcrest Mining Ltd. for $19.2 billion in the industry’s biggest deal to date.  ( 1 min )

  • Open

    Statute of Frauds: Purpose, Contracts It Covers, and Exceptions
    The statute of frauds is a legal concept that stipulates that certain types of contracts must be executed in writing to be valid.  ( 23 min )
    Wilcoxon Test: Definition in Statistics, Types, and Calculation
    The Wilcoxon test, which refers to either the rank sum test or the signed rank test, is a nonparametric test that compares two paired groups.  ( 19 min )
    Initial vs. Maintenance Margin for a Futures Contract: What's the Difference?
    Learn the values of futures contracts and the initial margin a trader must place in an account to open a futures position as well as maintenance margin.  ( 18 min )
    Be a One-Stop Shop for Your Clients
    Offering a comprehensive suite of financial services can bring in business, but coordination and customization are key to success and customer retention.  ( 20 min )
    Competitive Devaluation Definition
    Competitive devaluation is a series of currency depreciation that nations resort to in tit-for-tat moves to gain an edge in international export markets.  ( 25 min )
    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 25 min )
    Human Resources (HR) Meaning and Responsibilities
    Human resources (HR) is the company department charged with finding, screening, recruiting, and training job applicants, as well as administering benefits.  ( 21 min )
    Federal Open Market Committee (FOMC): What It Is and Does
    The Federal Open Market Committee (FOMC) is the branch of the Federal Reserve System that determines the direction of monetary policy.  ( 25 min )
    EBITA (Earnings Before Interest, Taxes, and Amortization) Definition
    EBITA is a measure of a company’s real performance. It can be more informative than bottom-line earnings.  ( 22 min )
    Additional Insured: Definition, Benefits, Costs, Examples
    Additional insured is a type of status associated with general liability insurance that provides coverage to other individuals/groups not initially named.  ( 24 min )
    What Is a Bank Failure? Definition, Causes, Results, and Examples
    Bank failure is the closing of an insolvent bank by a federal or state regulator. Learn what causes a bank failure and about examples of bank failures.  ( 23 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Target Rate Definition
    A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )
    Highest Credit Score: Is It Possible to Get It?
    You can get the maximum credit score by taking steps to reduce your debt and prove you can make payments reliably. Learn how lenders interpret credit scores.  ( 25 min )
    Insolvencies: Definition, How It Works, and Contributing Factors
    Insolvency is a situation in which an individual or company cannot pay off bills and debts. Learn about the insolvency process, how it works, and how to avoid it.  ( 24 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 19 min )
    Food Prices are Finally Falling, With One Major Exception
    Checkout at the grocery store is finally getting a less painful as inflation starts to abate—unless you need baby formula.  ( 16 min )
    Owners' Equivalent Rent (OER): Definition and Relationship to CPI
    Owners’ equivalent rent (OER) is the amount of rent that would need to be paid to substitute a currently owned house as a rental property.  ( 20 min )
    These Are the 10 Biggest U.S. Startups by Valuation
    Find out the companies that made the list of the 10 biggest startups by valuation, according to a recent report published by Recode.  ( 21 min )
    Alternative Dispute Resolution (ADR): Definition and Meaning
    Alternative dispute resolution (ADR) is, in an insurance sense, a number of disparate processes used by insurers to resolve claims and contractual disputes.  ( 23 min )
  • Open

    Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper
    (Bloomberg) -- Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Chan  ( 43 min )
    Newmont Inks $20 Billion Newcrest Deal to Create Gold Giant
    (Bloomberg) -- Newmont Corp. agreed to buy Newcrest Mining Ltd. in a deal worth about A$28.8 billion ($19.2 billion) including debt, consolidating the US miner’s status as the world’s biggest gold producer.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpNewcrest holders  ( 40 min )
    ONEOK to buy Magellan Midstream Partners in deal valued at $18.8 billion
    ONEOK Inc agreed to buy Magellan Midstream Partners in a cash and stock deal valued at around $18.8 billion including assumed debt to diversify in the midstream oil and gas industry, the company said on Sunday. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit. The deal is expected to be accretive to earnings per share beginning in 2024, with EPS accretion of 3% to 7% per year from 2025 through 2027, ONEOK said in a statement.  ( 38 min )
    Newmont Agrees to Acquire Australia’s Newcrest for $17.5 Billion
    The deal would be the largest ever in the gold-mining industry.  ( 26 min )
    Oneok to Buy Magellan Midstream in Deal Worth $18.8 Billion
    (Bloomberg) -- Energy infrastructure company Oneok Inc. will buy Magellan Midstream Partners L.P. in a cash-and-stock transaction valued at around $18.8 billion including assumed debt, according to a joint statement.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpEach Ma  ( 39 min )
    Stocks Poised to Open Lower
    Weak consumer sentiment is weighing on stocks despite signs that inflation was easing and expectations the Federal Reserve will pause on more interest rate increases when it meets in June.  ( 22 min )
    Billionaire George Soros Loads Up on These 2 ‘Strong Buy’ Stocks ⁠— Here’s Why You Might Want to Follow in His Footsteps
    If you’re going to be forever known for one thing, being the ‘man who broke the Bank of England’ is a description many would sign up for. That is how George Soros is regularly introduced, and the story involves how he bet against the British Pound in 1992 and pocketed $1 billion from the trade in a single day. Of course, Soros’ legendary reputation does not rest solely on that headline-grabbing act, and the billionaire investor has had a decades-long career of almost unmatched investing success.  ( 42 min )
    19 Republican states accuse JPMorgan of closing bank accounts and discriminating against customers due to their religious or political beliefs
    In a letter seen by The Wall Street Journal, Republican attorneys general say the bank closed accounts and asked questions before reinstating them.  ( 39 min )
    Gold could rally to a new record high if the US defaults and investors flee to safety
    RBC Capital Markets said "in the near term, we believe gold looks like the best hedge in the more immediate offing."  ( 40 min )
    TuSimple stock delisted from Nasdaq due to unfiled financial reports
    Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure. The post TuSimple stock delisted from Nasdaq due to unfiled financial reports appeared first on FreightWaves.  ( 40 min )
    Walmart, Alibaba, Target, and More Stocks to Watch This Week
    First-quarter earnings from Home Depot, Cisco Systems, Take-Two, Target, Walmart, Alibaba, Applied Materials, Ross Stores, and Deere. Plus, retail sales and leading economic index.  ( 23 min )
    Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.
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    The housing market correction would regain new life if the U.S. defaults, says Moody’s chief economist
    The U.S. Treasury could run out of cash as soon as early June. That could deliver a big hit to the housing market.  ( 40 min )
    This Week on Crypto Twitter: Musk Welcomes New Twitter CEO to Get to X—the Everything App
    Bitcoin high priest and MicroStrategy chair Michael Saylor predicts the number one cryptocurrency “will chop its way up—with volatility—forever.”  ( 40 min )
    Is Bitcoin Useless?
    Bitcoin passed its 10th anniversary in 2018 and reached a record price in 2021. Still, the assessments of the cryptocurrency's impact in the last decade have mostly been negative. Is Bitcoin useless?  ( 22 min )
    Here's how to get the best exit package after a layoff
    One upshot to exit packages if you've been laid off: It may be possible to negotiate an even better severance agreement than what is initially offered.  ( 39 min )
    Walmart, Home Depot earnings, Tesla annual meeting, debt ceiling crunch top week ahead
    It's going to be another busy week for investors as regional banks continue to wobble, the debt ceiling looms and economic data flows. Corporations are also hosting annual meetings.  ( 41 min )
    Tiger Seeks to Sell Private-Company Stakes Into Secondary Market
    (Bloomberg) -- Tiger Global Management is seeking to offload hundreds of millions of dollars worth of private companies into the secondary market, according to people with knowledge of the matter. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyTurkey Latest: Polls Close, Count Begins in Knife-Edge ElectionG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West  ( 38 min )
    Dip Buyers Scorched by Cratering Bank Stocks Rush for the Exits
    (Bloomberg) -- The fear-driven selloff that’s cut the stock-market values of some banks in half may look like a perfect chance to buy the dips. If only they’d stop falling. Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutBiden Says Debt Talks Move Along as Parties Discuss ChangesAs shares  ( 41 min )
    Argentina to Boost Rates by 600 Basis Points as Inflation Soars
    (Bloomberg) -- Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points to 97% on Monday, as inflation spirals out of control in the run up to presidential elections, according to officials at the Economy Ministry and the central bank.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Ru  ( 38 min )
    Abortion Bans Can Help Make This Cheap, Accessible Birth Control Pill a Hit
    The FDA’s potential approval of an over-the-counter oral contraceptive could mean a huge market for generic drugmaker Perrigo.  ( 27 min )
    Recession? Here's why top industrial CEOs are super bullish on the economy
    Top industrial CEOs are bullish on the economy, telling Yahoo Finance massive investments and reshoring efforts are among the catalysts for a recovery.  ( 40 min )
    TipRanks ‘Perfect 10’ List: 3 Top-Rated Stocks That Tick All the Right Boxes
    Even though most market watchers would agree that a recession is looming over the next hill, there are still stocks that ‘tick the right boxes,’ flashing buy-signs for investors. The Smart Score tool from TipRanks is perfect for sorting these choices from the pack. The Smart Score algorithm measures every stock according to a set of key metrics, 8 in all, that include a series of sentiment gauges as well as fundamental and technical factors, all of which are known to correlate with future outper  ( 44 min )
    Why the world should fear a commercial property crash
    On both sides of the Atlantic, people have recently been acutely worried about how the banking system would cope with higher interest rates.  ( 40 min )
    Retail sales and superstore earnings: What to know this week
    Retail sales and earnings are expected to provide investors more information on the state of the consumer after a six-month low in consumer confidence sent stocks lower on Friday.  ( 42 min )
    Vanguard vs. Fidelity vs. Schwab
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 43 min )
    Americans SayThis Much Money Will Make Them Feel Happy & Healthy
    Many Americans don't feel financially confident. In fact, a recent study found that you'd need to earn around $128,000 to have financial confidence.  ( 39 min )
    Reality of ocean container volume far cry from China reopening hype
    It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone. The post Reality of ocean container volume far cry from China reopening hype appeared first on FreightWaves.  ( 43 min )
    Edward Jones Says This Generation Is Most Likely to Experience Financial Hardship
    While no one is immune to financial hardships, new research from financial services firm Edward Jones suggests that perhaps those in the millennial generation are particularly vulnerable. In a survey of financial advisors, 43% of the experts polled said that … Continue reading → The post Edward Jones: Millennials Are the Most Likely to Experience Financial Hardship appeared first on SmartAsset Blog.  ( 38 min )
    RIP, Lumber-Futures Contract That Jumped During Covid-19
    The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.  ( 27 min )
    Employers are becoming more open to hiring older workers
    Over 3 in 5 employers said they gave a “great deal” or “quite a bit of consideration” to job applicants age 50 and older when recruiting in 2022.  ( 41 min )
    Top Utilities Stocks for May 2023
    Enel Chile, Altus Power, and Genie Energy lead for value, growth, and momentum, respectively  ( 21 min )
    How to end the US debt ceiling stand-off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Giant Pension Sold Alibaba, Lululemon, and GE Stock. Here’s What It Bought.
    The New York State Common Retirement Fund is third-largest public pension in the U.S.  ( 23 min )
    Flexible work is feminist–and women won’t return to a system that hasn’t served them well to spare the feelings of powerful men
    It is hardly a coincidence that the demographic which benefited most from the old system has also expressed the most anxiety about changing it.  ( 42 min )
    An elderly man was scammed out of millions. Could the bank have done more to prevent fraud?
    Larry Cook, 76, wired $ 3.6 million to possible scammers abroad. The bank reported him to adult protective services, but continued wiring his money.  ( 43 min )
    Investors Are Nervous—And That Could Support Stocks
    Fund managers have the lowest exposure to stocks relative to bonds since 2009.  ( 25 min )
    Plunging Tax Revenue Accelerates Debt-Ceiling Deadline
    The pandemic led first to a boom, and now a bust, in tax collections.  ( 27 min )
    ‘We didn’t ruin Cadbury – we made it better’
    Cadbury needed to be taken over to improve its flagging business, the chief executive of its US owner has claimed.  ( 43 min )
    Amazon to increase delivery speed while cutting costs
    Amazon has made major changes to its logistics operation aiming to reduce travel distance resulting in faster delivery and lower costs.  ( 39 min )
    Algorithms prop up the market as fretful humans sit out the uncertainty
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Cash-strapped Novavax urges governments to honour Covid jab deals
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Tech CEO explains what's causing mass layoffs
    Kaseya CEO Fred Voccola discusses issues facing the technology sector and shares how his Miami-based company is finding success on 'The Big Money Show.'  ( 38 min )
  • Open

    Ambtenaren gingen vorig jaar het vroegst met pensioen
    Personeel in de zorg, het onderwijs en het openbaar bestuur ging vorig jaar het vroegst met pensioen. Wie werkte in de landbouw, visserij en dienstverlening bleef juist het langst doorwerken. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Milieudefensie: 'Shell houdt zich niet aan vonnis in klimaatzaak'
    Oliebedrijf Shell doet lang niet genoeg om zich te houden aan de uitspraak in de klimaatzaak die Milieudefensie in 2021 heeft gewonnen. Het bedrijf heeft voor het leeuwendeel van de CO2-uitstoot nog altijd geen goed reductieplan, stelt de milieuorganisatie.  ( 4 min )
    Zoektocht naar betaalbare kop koffie zorgt voor tekort aan goedkope bonen
    Koffiedrinkers stappen door de hoge inflatie steeds vaker over op goedkopere soorten koffie. Daardoor is er meer behoefte aan de robustasoort, die doorgaans goedkoper is dan arabicakoffie. Maar boeren hebben steeds meer moeite die vraag bij te benen.  ( 4 min )
    EU krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    De Europese Unie krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )
    Europa krijgt nieuwe begrotingsregels en stuurt niet meer star op bezuinigen
    Europa krijgt nieuwe begrotingsregels. Het idee is dat Brussel minder rigide vraagt om extra bezuinigingen als landen toch al in de problemen zitten. Een hele verbetering, vinden experts, maar het is niet zonder gevaren.  ( 7 min )

  • Open

    The housing market has frozen over. Here's why experts say home affordability isn't getting better any time soon.
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    China’s EV industry braced for shakeout as prices plunge
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Markets think falling inflation means rate cuts are around the corner. Here's why that's probably wrong.
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    Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow
    (Bloomberg) -- Treasury traders will be on high alert in the coming week for signs out of Washington on whether the US will careen toward a market-upending default — or will clinch a last-gasp debt deal once again.Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance  ( 40 min )
    Borrowers Pounce Before the Going Gets Rougher: Credit Weekly
    (Bloomberg) -- Companies are seizing the opportunity to sell more bonds as rates march higher and the economy slows. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaEuropean borrowers raised the most debt in over  ( 40 min )
    China’s Strong Data Likely to Mask Weakening Recovery
    (Bloomberg) -- Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality.Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaOfficial figures on Tuesday are expected to show  ( 42 min )
    What Is a Good 401(k) Match? How It Works and What's the Average
    The most common employer match is 50 cents on the dollar of up to 6% of your salary. In most cases, you should contribute enough to get the maximum match.  ( 25 min )
    The Fed Isn’t Fully Taking Its ‘Foot Off the Pedal,’ Loomis Says
    (Bloomberg) -- The Federal Reserve is most likely halting its interest-rate hikes in June, but a strong easing cycle isn’t in the cards with inflation remaining above the central bank’s target, according to Elaine Stokes at Loomis Sayles. Most Read from BloombergStock Traders Stay Calm About US Being on Cusp of DefaultThis New Airline Is Raising the Bar, From First Class to EconomyRemote Work Comes With Daytime Drug and Drinking HabitsFlorida’s Money Man Threatens to Cut Ties With Bank of Americ  ( 41 min )
    Timing the market isn't easy during a debt-ceiling showdown. Investors should stick to this strategy instead.
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    This Week in Coins: Bitcoin and Ethereum Lead Market Pullback as Dollar Rises
    Crypto enjoyed a short rally after the release of the CPI on Wednesday, but a strengthening dollar pulled prices back down. fs  ( 39 min )
    Warren Buffett's bank account, Charlie Munger's oil checks, and an Amazon bestseller: 6 nuggets from Berkshire Hathaway's annual meeting
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    It's almost impossible to trade on a US default - so here's what investors should do instead, according to Bankrate's senior economic analyst
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    I’ll be waiting for you with my shotgun, Revolut executive texts customer
    The head of Revolut’s UK operations accidentally texted a disgruntled customer to say he would be waiting for him “in the garden with my shotgun”, it is claimed.  ( 39 min )
    Stock Traders Stay Calm About US Being on Cusp of Default
    (Bloomberg) -- The debt-ceiling standoff in Congress has the US at risk of being unable to pay its bills as soon as June 1. You’d think stock-market investors would be anxious about the uncertainty — but you’d be wrong.Most Read from BloombergRemote Work Comes With Daytime Drug and Drinking HabitsThis New Airline Is Raising the Bar, From First Class to EconomyG-7 Finance Chiefs Unite to Condemn Russia and Counter ChinaThe Russian Nuclear Company The West Can't Live WithoutFlorida’s Money Man Thr  ( 40 min )
    From Warren Buffett to Paul Krugman, some of Wall Street's biggest names are shrugging off de-dollarization fears
    The US's rivals are trying to unseat the dollar. Some of the biggest names in investing think it's unlikely that they'll succeed.  ( 39 min )
    Tennessee company refuses US request to recall 67 million potentially dangerous air bag inflators
    A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflators be recalled. The National Highway Traffic Safety Administration is demanding that ARC Automotive Inc. of Knoxville recall 67 million inflators in the U.S. because they could explode and hurl shrapnel. At least two people have been killed in the U.S. and Canada, and seven others have been hurt as a result of defective ARC inflators, the agency said.  ( 39 min )
    BlackRock CEO Fink trains successors, with no imminent plan to retire
    Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for "The Great Race" - to choose the successor - in what Fink calls is the "No. 1 priority", the report said, citing an interview with the CEO. The five contenders are Mark Wiedman, who runs the global commercial business; Chief Operating Officer Rob Goldstein; and Chief Financial Officer Martin Small along with Rachel Lord, head of the Asia Pacific business, and Salim Ramji, the head of ETFs and indexing products, the report said. Fink told the newspaper he hoped to build camaraderie among the five, and not competition, so they will keep working together.  ( 39 min )
    Dow Jones Futures: Why This Market Is So Dangerous. What To Do Now.
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    AI faces legal limits in these 6 states
    How much AI protection consumers have in this country at the moment depends on where they live.  ( 39 min )
    Binance leaves Canada due to stricter crypto rules
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    A Debt-Ceiling Catch-22 for Investors
    The best outcome would be for a debt-ceiling deal to be reached before the market starts ringing alarm bells, but that might not be in the cards.  ( 26 min )
    Bad News: More American Workers Worry They Can't Afford to Retire
    Americans are not feeling good about their financial standing when it comes to preparing for retirement. Workers and retirees are nearly as worried about making their retirement money last as they were during The Great Recession, according to a new … Continue reading → The post More Workers Worry They Can't Afford to Retire appeared first on SmartAsset Blog.  ( 39 min )
    Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion?
    What are your thoughts on Roth conversions if you are in the highest tax bracket and plan to be there moving forward? -Joel If you ask some financial professionals, the answer to this question might be a resounding no, and … Continue reading → The post Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion? appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Legally Deposit a Check for Someone Else?
    While more people are opting into online banking, it's possible that you may still need to write or deposit paper checks from time to time. Depositing paper checks to your own bank account can be as simple as handing them … Continue reading → The post Can I Deposit a Check for Someone Else? appeared first on SmartAsset Blog.  ( 41 min )
    Investors predict ‘imminent’ US high-yield bond sell off
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    My Family Members Keep Relying on Me to Pay Their Bills. How Can I Stop Enabling Them?
    The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their parent's ill-planned retirement. All while also trying to raise … Continue reading → The post Enablement Could Leave you Permanently Footing the Bill for Your Entire Family appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Pay For Nursing Home Care With Social Security?
    According to a recent study by Genworth Financial, the median cost of nursing home care in the United States was $8,910 per month for a private room and $7,800 per month for a semi-private room in 2021. These costs are … Continue reading → The post How to Pay for Nursing Home Care With Social Security appeared first on SmartAsset Blog.  ( 40 min )
    Is It Smart or Bad to Buy a Home with an LLC?
    If you're buying an investment property, it may make sense to buy it using a limited liability corporation (LLC). While there are certain hurdles you'll have to clear, buying a house with an LLC can have many legal and financial … Continue reading → The post How to Buy a House With an LLC appeared first on SmartAsset Blog.  ( 41 min )
    Rolls-Royce CEO Embarks on ‘Last Chance’ Overhaul at Jet-Engine Maker
    Tufan Erginbilgic has replaced senior management and is renegotiating billions of dollars in contracts. He says there is more work to be done.  ( 23 min )
    Regional Banks Can’t Catch a Break
    Even as some key indicators stabilize for midsize lenders, their shares remain under pressure.  ( 26 min )
    S&P 500 Medtech Play DexCom Leads Five Stocks Near Buy Points
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    Recession? Corporate America’s earnings say it's already arrived
    (Bloomberg) -- As the US economy teeters on the brink of recession, Wall Street is already enduring what could turn out to be the most prolonged corporate profits downturn in seven years. Most Read from BloombergThis New Airline Is Raising the Bar, From First Class to EconomyYellen Says ‘We Have to Default’ on Something If Congress FailsTesla Recalls Virtually Every Car It Has Sold in ChinaFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoElon Musk Picks Linda Yaccarino  ( 41 min )
    Dental Insurance for Retirees Isn’t a Great Deal. Consider Self-Insuring.
    Stand-alone dental insurance often has limits of $1,000 to $2,000 worth of coverage a year, meaning patients still end up paying for most of the costs on expensive procedures.  ( 33 min )
    ‘It’s essentially a game of chicken.’ The debt limit standoff has no real winners and potentially one big loser: The U.S. economy
    There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline.  ( 43 min )
    Inside the ‘Great Race’ at BlackRock: Who Will Replace Larry Fink?
    The only person to ever hold the title of BlackRock CEO says he has no imminent plans to retire—but he is grooming several executives who could take the reins.  ( 22 min )
    The Pain of Silicon Valley Bank’s Collapse Is Being Felt by These Depositors
    Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold.  ( 26 min )
    Thousands of mortgage holders face new affordability checks under crackdown by City watchdog
    Banks will be forced to run onerous affordability checks on their own mortgage customers as the City regulator hits them with more red tape.  ( 39 min )
    Austin Russell became the youngest self-made billionaire in 2021; now he owns Forbes
    Austin Russell is on quite a run. The 28-year-old founder and CEO of Luminar, which develops vision-based lidar and machine perception technologies primarily for self-driving cars, told The Wall Street Journal earlier today that he is buying an 82% stake in Forbes Global Media Holdings in a deal that values the company at nearly $800 million. According to the WSJ, Russell's stake includes the remaining portion of the company owned by its namesake family, which sold 95% of the company to the Hong Kong-based investor group Integrated Whale Media back in 2014.  ( 40 min )
    Former ByteDance executive says he was dismissed for flagging illegal activity
    The dispute comes at a time when ByteDance-owned app TikTok faces growing calls for a nationwide ban from some U.S. lawmakers regarding concerns about potential Chinese government influence over it. Yintao "Roger" Yu said in a complaint filed on Friday in San Francisco state court that the Chinese tech company engaged in a "worldwide scheme to steal and profit from the content of others" without seeking permission. When Yu raised these concerns to higher management, he said they dismissed them and asked him to hide the illegal program, especially from employees in the United States, as it had stricter IP laws and class actions.  ( 38 min )
    Yellen expects US regulators to be open to mergers among midsize banks
    The current banking environment and pressures on earnings of some U.S. regional banks may lead to some concentration in the sector, and regulators will likely be open to such mergers, Treasury Secretary Janet Yellen said on Saturday. Yellen told Reuters she was not seeing evidence of pressure on smaller community banks, which had a large percentage of insured deposits. However, she said a certain degree of consolidation in the regional and midsize banking sector could occur.  ( 38 min )
    Fired ByteDance Exec Says China Exerted ‘Supreme’ Data Control
    (Bloomberg) -- A former executive at TikTok parent ByteDance Inc. who was fired in 2018 said in a lawsuit that the Chinese Communist Party had a special office within the company that gave it “supreme access” to all data, a backdoor channel that he said persisted even after US user data was walled off from individual engineers in China.Most Read from BloombergYellen Says ‘We Have to Default’ on Something If Congress FailsThis New Airline Is Raising the Bar, From First Class to EconomyFlorida’s M  ( 40 min )
    ChatGPT and Generative AI in Financial Services: Reality, Hype, What's Next, and How to Prepare
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    Gold jumps above stocks as Americans' preferred long-term investment while real estate plunges
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    A recession and a credit crunch could result in $1 trillion of corporate debt defaults, Bank of America says
    No content preview
    Fed policy on right track, but inflation still too high, officials say
    The Federal Reserve is "on track" to doing what is necessary to meet the two mandates Congress has given it, Fed Governor Philip Jefferson said on Friday: bring inflation down and enable Americans who want jobs to get them. The Fed has raised its benchmark interest rate five full percentage points over the past 14 months. Inflation by the Fed's preferred measure has eased from 7% last summer to 4.2%, and unemployment has fallen to 3.4%, the lowest since 1969.  ( 38 min )
    Buy Topgolf Callaway Stock. Why the Battered Shares Are Worth a Shot.
    After plunging, its shares look attractive. The company is drawing crowds with its plush, high-tech driving ranges.  ( 22 min )
  • Open

    Treasury Bills (T-Bills): What You Need To Know To Invest
    A Treasury bill (T-Bill) is a short-term debt obligation issued by the U.S. Treasury and backed by the U.S. government with a maturity of less than one year.  ( 28 min )
    Household Income: What It Is and How to Calculate It
    Household income, as defined by the Census Bureau, is the total gross income of all people occupying the same housing unit who are 15 years and older.  ( 23 min )
    What Is a Good 401(k) Match? How It Works and What's the Average
    The most common employer match is 50 cents on the dollar of up to 6% of your salary. In most cases, you should contribute enough to get the maximum match.  ( 25 min )
    French Franc (F) Definition
    The French franc (F) was the national currency of France prior to France's adoption of the euro (EUR) in January 2002. It was first used in 1390. Learn more.  ( 21 min )
    Big Blue: Nickname for IBM, Overview, History
    Big Blue is a long-standing nickname for the IBM corporation, a global technology company based in the US.  ( 20 min )
    Here's How LeBron James Became the NBA's First Billionaire
    While LeBron James earned most of his money through basketball, partnerships with Nike, PepsiCo, and Walmart, as well as real estate investments, have helped jump-start his earnings  ( 20 min )
    Beat of the Week: Compass Shares Gain on Bigger Market Share, Improved Free Cash Flow
    Compass shares gained 47% for the week as the company said it expanded national market share and would be free cash-flow positive starting in the second quarter  ( 16 min )
  • Open

    Grote Duitse spoorstaking voorlopig afgewend
    De aangekondigde spoorstaking van 50 uur die zondagavond in Duitsland zou ingaan, is afgewend. Dat komt doordat het spoorbedrijf Deutsche Bahn en de spoorvakbond EVG een akkoord hebben bereikt in het arbeidsconflict tussen de twee partijen.  ( 3 min )
    Kies voor een vast energiecontract voordat de hoge opzegboete ingaat
    Bij dalende energieprijzen is het verleidelijk om op nog goedkopere energie te wachten, maar het kan handiger zijn om nu een vast jaarcontract te sluiten. Vooral omdat consumenten vanaf 1 juni bij nieuw afgesloten contracten veel hogere opzegboetes moeten betalen als ze tussentijds van het contract af willen. Je kunt ook wachten op een meerjarencontract dat nu nog niet wordt aangeboden.  ( 7 min )
    Hoge opzegboete voor energiecontract nadert: nu nog snel overstappen?
    Bij dalende energieprijzen is het verleidelijk om op nog goedkopere energie te wachten, maar het kan handiger zijn om nu een vast jaarcontract te sluiten. Vooral omdat consumenten vanaf 1 juni bij nieuw afgesloten contracten veel hogere opzegboetes moeten betalen als ze tussentijds van het contract af willen. Je kunt ook wachten op een meerjarencontract dat nu nog niet wordt aangeboden.  ( 6 min )
    NU+ | Opkomst van de SUV bedreigt klimaatdoelen en verkeersveiligheid
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  • Open

    Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit
    A former executive fired from TikTok’s parent company ByteDance made a raft of accusations against the tech giant Friday, including that it stole content from competitors like Instagram and Snapchat, and served as a “propaganda tool” for the Chinese government by suppressing or promoting content favorable to the country’s interests. The allegations were made in a complaint Friday by Yintao Yu, the head of engineering for ByteDance’s U.S. operations from August 2017 to November 2018, as part of a wrongful termination lawsuit filed earlier this month in San Francisco Superior Court. Yu claims he was fired for disclosing “wrongful conduct” he saw at the company.  ( 38 min )
    Wall Street Roots for Bad News. Consumers See Plenty Already.
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    JPMorgan opposes class-action status for Epstein accusers
    JPMorgan Chase & Co on Friday asked a federal judge to deny class-action status to more than 100 women who said the bank helped enable the late financier Jeffrey Epstein to sexually abuse them. In a filing in Manhattan federal court, the largest U.S. bank said Epstein's accusers had too many differences to sue under an "oversimplified" theory that it was liable to all of them by having provided Epstein with banking services. JPMorgan said allowing a class action "skips over" how Epstein's conduct "varied from victim to victim, and across time," and that the bank's knowledge at the time and provision of banking services similarly varied.  ( 39 min )
    Austin Russell Acquires Majority Stake in Forbes Magazine
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    Data of 237,000 US government employees breached
    The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (USDOT), sources briefed on the matter said on Friday. It was not clear if any of the personal information had been used for criminal purposes. USDOT said in a statement to Reuters that the breach did not affect any transportation safety systems.  ( 37 min )
    The Debt Ceiling Could Be a Mess. How to Play It.
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    Market Rally Action Is Dangerous; Watch Tesla, These EV Chip Stocks
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    Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
    Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first quarter, and added Netflix Inc shares, filings released Friday showed. Soros purchased shares of Tesla and electric truck startup Rivian in 2022 and bought $35 million of Tesla convertible bonds in 2018.  ( 39 min )
    Judge sides with Ellison in Oracle shareholder suit over NetSuite acquisition
    A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the technology company’s board into paying a grossly inflated price to acquire software company NetSuite Corp. in 2016. Vice Chancellor Samuel Glasscock III on Friday rejected the plaintiffs’ allegation that Oracle’s acquisition was not entitled to the deference traditionally shown corporate decision-makers under Delaware’s “business judgment” rule. The shareholders argued that the $9.3 billion deal should be subjected to a more rigorous “entire fairness” review because Ellison was both a controlling shareholder of Oracle at the time and owned almost 40% of shares in NetSuite, which he cofounded in 1998.  ( 39 min )
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    Automotive Tech Billionaire Austin Russell to Acquire Majority Stake in Forbes
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    Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
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    Luminar Tech CEO Russell to acquire majority stake in Forbes
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    MP Materials, Pitney Bowes See Activist Investor Action
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    Elon Musk Is Stepping Down as Twitter’s CEO. Tesla Stock Dropped Anyway.
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    Nippon Express buys European logistics firm Cargo-Partner
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    Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917
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    It May Be Time to Nibble on Small-Cap Stocks. Just Don’t Gorge.
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    The family behind First Citizens Bank has seen its wealth double to $2.2 billion after buying SVB's assets out of bankruptcy
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    Google’s Sundar Pichai thinks A.I. will spur ‘big societal labor market disruptions’ but also make professions better
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    Petroleo Brasileiro Stock Sees Relative Strength Rating Rise To 92
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    Hindenburg Research steps up its offensive against billionaire Carl Icahn's investment firm by shorting its bonds
    "We are short units of Icahn Enterprises and have initiated a short position in IEP bonds," Hindenburg announced on Thursday.  ( 39 min )
    Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing
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    Nvidia Stock: Capitalizing on a Revolutionary Technology Shift
    There is a lot of hype around the potential of AI these days. Fueled by the rise of ChatGPT and the subsequent race for AI supremacy, all the Big Tech gang are looking to get a piece of the action. There’s no danger of the opportunity being overhyped, according to Rosenblatt analyst Hans Mosesmann. In fact, the 5-star analyst knows exactly which company is best positioned to benefit the most from this huge development. “We see Nvidia (NASDAQ:NVDA) driving the biggest technology inflection the wo  ( 39 min )
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    The ‘karmic quality’ of Hindenburg’s war on Carl Icahn just took on a new cast. It’s not just shorting his stock anymore but his bonds, too
    Weeks ago, Icahn's arch rival Bill Ackman commented on the irony of an activist being pursued by an active campaign.  ( 41 min )
    Best Cathie Wood Stocks To Watch: Coinbase, Block, Roku, Zoom Video; Tesla Skids On Elon Musk Tweet
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    Best Dow Jones Stocks To Buy And Watch In May 2023: Apple, Microsoft Slide
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    Americans are worried about the economy. That could make a debt default even worse.
    Since consumers are already feeling gloomy about the economy, the fallout from a debt default could be even worse, according Surveys of Consumers director Joanne Hsu.  ( 41 min )
    Gas Drilling Collapses in US at Fastest Rate in Seven Years
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    When Jamie Dimon speaks, Wall Street listens - and he just warned of catastrophe
    Insider's Phil Rosen looks into the Wall Street mogul's latest comments on the economy and looming debt default.  ( 40 min )
    SoFi Gains a Bull. Analyst Calls It ‘The Future of U.S. Banking.’
    Truist Securities analyst Andrew Jeffrey initiated coverage of SoFi Technologies stock with a Buy rating and $8 price target in a Friday report.  ( 22 min )
    Analyst Report: Sanmina Corp
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    Analyst Report: Elevance Health Inc
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    Analyst Report: Monster Beverage Corp.
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    Analyst Report: Allstate Corp (The)
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    Analyst Report: Conoco Phillips
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    Analyst Report: Wendy`s Co
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    What to know about Twitter's new CEO Linda Yaccarino
    Elon Musk is welcoming a veteran ad executive to the helm of Twitter, the social media site the billionaire Tesla CEO had been running since he bought it last fall. Musk announced Friday that he's hiring Linda Yaccarino to be the new CEO of San Francisco-based Twitter, which is now called X Corp. He said Yaccarino's role will be focused mainly on running the company's business operations, leaving him to focus on product design and new technology. Yaccarino, 60, has worked as an advertising executive for decades.  ( 39 min )
    GE Stock Flirts With $100 As Investors Await GE Aerospace — Is It A Buy?
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    Vietnamese EV Maker VinFast to List on NYSE Via SPAC
    Vietnamese electric car maker VinFast will list in the U.S. by merging with a SPAC—Black Spade Acquisition Co.—to expands its U.S. footprint to meet growing EV demand  ( 18 min )
    Market Update: ALL, COP, DIS, MNST, SANM, WEN, ELV
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    Charlie Munger Says Most Money Managers Are Little More Than Fortune Tellers, and Data Backs Him Up — 79% of Fund Managers Underperformed
    Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., is not one to hold back his opinions. In the last couple of years, he has taken aim at Bitcoin, labeled stock brokerages as “gambling parlors,” and compared meme stock traders to heroin addicts. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families And in a recent interview with the Financial Times, he did not shy away from criti  ( 40 min )
    Stocks slide into the weekend after sentiment, inflation data: Stock market news today
    Stocks were lower on Friday afternoon as all three major indexes were on pace to log losses for the week.  ( 38 min )
    Robinhood CEO: We are now a 'scrappier' organization
    Robinhood co-founder and CEO Vlad Tenev looks to re-chart the company's future.  ( 40 min )
    Elon Musk names NBCUniversal's Linda Yaccarino as Twitter CEO
    Yaccarino's appointment comes as the platform has been in turmoil, with mass resignations and some companies pausing advertising, since the Musk acquisition in October.  ( 40 min )
    US equity funds see massive outflows on debt ceiling worries
    According to Refinitiv Lipper, U.S. equity funds faced outflows worth $5.7 billion, which was their seventh consecutive week of outflows. Investors were looking for an update on plans for raising the U.S. debt ceiling during the week, and worries of a potential government default as early as June 1 loom over Washington, if Congress does not act to resolve the deadlock. A meeting between U.S. President Joe Biden and top lawmakers that had been scheduled for Friday has been postponed to early next week, with the IMF warning that a U.S. default would have "serious repercussions" for the U.S. economy.  ( 37 min )
    Pro Exclusive: 5 dividend dazzlers to fuel your income stream
    This week, we've put together a list of 2.75+ scored stocks that also pay dividends with upwards of a 2.5% yield and which have been upping their payout for 10+ years. Pharmaceutical behemoth Pfizer (NYSE:PFE) is a household name, but did you know it’s also a dividend powerhouse? The company’s payout stands at a fantastic 4.3%, and it has raised its dividend annually for the last dozen years in a row.  ( 40 min )
    Carl Icahn Is Locked in Battle Against His Own Kind
    Carl Icahn’s publicly traded firm finds itself the subject of short seller Hindenburg Research. It's just the latest activist-vs-activist battle.  ( 22 min )
    EV Production Estimates Are Coming Down. Demand Isn’t the Problem.
    Polestar is the latest EV start-up to reduce production guidance for 2023.  ( 23 min )
    Dow Jones Drifts Lower, But Buyers Lift Chevron, Cisco Systems. First Solar Surges On Acquisition News.
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    Why Everyone Is Worried About Lowe’s and Home Depot Ahead of Earnings
    Consumers are spending more modestly on home improvement, and that is weighing on the stock price of Home Depot and Lowe's.  ( 23 min )
    Elon Musk Says NBCUniversal Ad Boss Linda Yaccarino Is Twitter’s New CEO
    NBCU earlier announced she was leaving, effective immediately.  ( 27 min )
    Charles Schwab Says Client Assets Grew in April. Stock Rises.
    SVB's collapse has highlighted the risk of banks losing deposits, a concern for Schwab as higher rates give customers reason to move their money elsewhere.  ( 22 min )
    Oil market will 'flip to being undersupplied' in coming months, says strategist
    An oil market slightly oversupplied will soon be undersupplied, says one strategist.  ( 39 min )
    Is Pfizer Stock A Sell As The Squeeze Continues On Covid Vaccines?
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    Stocks forfeit gains after sentiment, inflation data: Stock market news today
    Stocks forfeited early gains on Friday as the Nasdaq looks to finish the week in green figures while the Dow and S&P 500 are set to lose ground this week.  ( 38 min )
    First Solar To Buy Evolar For Up To $80 Mil; Shares Soar Above Key Level
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    Europe's new energy problem: it now has too much gas
    Europe has come a long way from the frenzied stockpiling driving up natural gas prices a year ago. As of May 9, Europe’s gas storage was full to 62%, and at the current pace of refilling, storage is expected to hit its capacity of about 1,138 terawatt-hours (TWh) by late August, according to estimates by Morgan Stanley. And it is driving down gas prices.  ( 39 min )
    Investing study: 2 personality traits 'stand out in their explanatory power for equity investments'
    Researchers discovered that three personality traits were correlated with certain investment behaviors, including who is more likely to invest in stocks, who’s more likely to avoid them, and who’s more likely to follow a meme-stock or crypto-type trend.  ( 41 min )
    Hospital Tenants of Medical Properties Trust Hire Advisers for Refinancings
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    Can I Create a Set-It-And-Forget-It Portfolio?
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    EUR/USD Weekly Forecast – Euro Plunges for the Week
    The Euro initially tried to rally a bit during the trading week but then broke down to plunge below the 1.09 level.  ( 39 min )
    Linda Yaccarino Is Leaving NBCUniversal. What Know About the Twitter CEO Frontrunner.
    Linda Yaccarino, head of global advertising and partnerships at NBCUniversal, was reported to be in talks over the Twitter CEO role.  ( 23 min )
    First Solar Stock Surges on Deal for European Solar Tech Firm
    The transaction will bolster First Solar's technological position in thin film photovoltaics, the company says.  ( 22 min )
    Tesla stock pops after Musk picks new Twitter CEO
    Elon Musk announced that he has found a new CEO for Twitter. Wall Street is betting that will give him more time to focus on Tesla, whose stock has lost nearly half its value since Musk first bid for the social media company.  ( 39 min )
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    Stocks opened higher to kick off Friday's trading session as the Nasdaq looks to add to gains and the Dow tries to pare losses suffered this week.  ( 38 min )
    These 11%-Yielding Dividend Stocks Look Very Attractive Right Now, Analysts Say
    By now, the Federal Reserve’s switch to monetary tightening, and higher interest rates to fight inflation, is old news. However, the latest update on inflation, released earlier this week, showed an annualized CPI rate of 4.9% for April, which indicated a month-over-month decline and marked the lowest level in two years. This is a welcome improvement from the 9% peak inflation hit last June. The cool-off in annualized inflation, and broad expectations that the Fed will use this data to justify p  ( 42 min )
    Can I Avoid Paying Taxes on IRA Withdrawals?
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    McDonald's found liable for hot Chicken McNugget that burned girl
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    Dow Jones Futures Rise Ahead Of Inflation Survey. Tesla Stock Rallies On Elon Musk Tweet.
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    Jamie Dimon reveals JPMorgan has a ‘war room’ that will meet up to 3 times a day as a ‘potentially catastrophic’ default approaches
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    China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes
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    Small-Caps Have Been Crushed. 3 With Big Potential.
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    Revolutionizing Knee Replacements: Monogram Orthopedics Gears Up For Nasdaq IPO With Over 14,000 Retail Investors
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    De-dollarization means gold is underrated and has a 'long way to run,' says Bridgewater's Co-CIO
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    Masayoshi Son Now Owes SoftBank $5.2 Billion on Side Deals
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    Fake Billionaire Hedge Fund Manager Ran Ponzi Scheme, US Alleges
    (Bloomberg) -- A former Chicago commodities trader was arrested and charged with fraud for lying to clients about everything from a non-existent collection of 122 luxury cars to phony returns that exceeded 200%. Most Read from BloombergJamie Dimon Says US Needs to 'Finish' the Bank CrisisElon Musk Says He’s Stepping Down as Twitter’s CEOKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTurkey Markets Rally as Candidate Withdraws Days Before VoteFlorida’s Money Man Threatens to Cut  ( 38 min )
    Dow Jones Futures Rise: Market Rally Weak Outside Google; Tesla Pops On Elon Musk's Twitter News
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    U.S. Treasury yields to rise amid debt ceiling standoff: Reuters poll
    U.S. Treasury yields will rise significantly over the coming month, according to analysts polled by Reuters who were split over whether the risk of a U.S. default was higher or the same as prior stand-offs over the debt ceiling. President Joe Biden and top lawmakers in Congress have about three weeks to strike a deal over raising the $31.4 trillion U.S. debt limit, which has sharply increased volatility in bond markets. Half of the 28 respondents in the May 5-11 Reuters poll said the risk of a default was higher this time compared to prior episodes of debt ceiling brinkmanship.  ( 39 min )
    Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 8% or More
    Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance  ( 43 min )
  • Open

    What Is Cash Value in Life Insurance? Explanation With Example
    Cash value life insurance is permanent life insurance with a cash value savings component. Learn more about what cash value life insurance is and how it works.  ( 25 min )
    Best Credit Cards For International Students
    International students studying in the U.S. can establish credit history and get a locally issued credit card. Learn about the best credit cards for international students.  ( 23 min )
    Australian Bureau of Statistics (ABS) Definition
    The Australian Bureau of Statistics (ABS) is the country of Australia's independent national statistical office.  ( 20 min )
    Markets Fall on a Drop in Consumer Sentiment
    U.S. equities ended the week with a losing session on Friday, May 12, 2023 as a report showed consumer sentiment sank.  ( 16 min )
    Top Savings Account Rates Today, May 12
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 19 min )
    Dow Jones Today: Index Drops on Consumer Concern
    Nike, JP Morgan and Boeing led the Dow lower, while IBM kept riding the AI wave  ( 16 min )
    Options Trading With the Iron Condor
    An Iron Condor is an options strategy that allows traders to profit in a non-directional market.  ( 21 min )
    Employers' Liability Insurance: Definition, Coverage, Limits
    Employers' liability insurance covers businesses against claims by employees who have suffered a job-related injury or illness, or who file lawsuits.  ( 24 min )
    Top CD Rates Today, May 12
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Down Payments for Home Purchases Fell in Q1 A From Year Earlier
    The median down payment was still 72% higher in the first quarter of 2023 than it was in the pre-pandemic first quarter of 2020.  ( 17 min )
    How to Refinance Parent PLUS Loans
    Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 21 min )
    First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
    First Solar shares jumped over 25% after the maker of solar panels bought Swedish solar thin film manufacturer Evolar for up to $80 million.  ( 16 min )
    Philip Jefferson Nominated as Fed Vice Chair
    President Biden nominated Fed Governor Philip Jefferson to be the Fed vice chair, replacing Lael Brainard.  ( 16 min )
    10 Biggest & Most Valuable Companies in the World
    With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 20 min )
    Top Savings Account Rates Today, May 11
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    State Street Investor Confidence Index Definition and Uses
    The State Street Investor Confidence Index measures institutional investor confidence. It is derived from looking at the risk taken by institutional investors.  ( 20 min )
    Vietnamese EV Maker VinFast to List on NYSE Via SPAC
    Vietnamese electric car maker VinFast will list in the U.S. by merging with a SPAC—Black Spade Acquisition Co.—to expands its U.S. footprint to meet growing EV demand  ( 17 min )
    Kazakhstan Tenge (KZT) Definition
    KZT is an abbreviation for the Kazakhstan tenge (KZT), the currency of Kazakhstan.  ( 18 min )
    Consumer Sentiment Plunges on Renewed Economic Worries
    Consumer sentiment plunged this month as Americans became more concerned about the health of the economy.  ( 15 min )
    Savings Rate: Definition, Influences, History in the U.S.
    The savings rate is the percentage of money taken from personal income and saved.  ( 22 min )
    Top Consumer Discretionary Stocks for May 2023
    Light & Wonder, PENN Entertainment, and Luckin Coffee are the top consumer discretionary stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Which Are the Top 10 Private Banks?
    Many of these banks have a Main Street presence, but their private banking divisions cater to their wealthiest customers.  ( 25 min )
    International Petroleum Exchange (IPE) Definition
    The International Petroleum Exchange (IPE) was a London-based exchange for futures and options on several energy-related commodities.  ( 20 min )
    Musk's Move to Hire a Twitter CEO May Return Him to Tesla's Driver's Seat
    Elon Musk said he picked a Twitter CEO, a move that could allow him to focus more on Tesla, which on Friday was forced to recall more than 1.1 million vehicles in China.  ( 19 min )
    Today's Mortgage Rates & Trends - May 12, 2023: Rates Drop Again
    Averages for every fixed-rate mortgage type dropped for a second day, with the 15-year average giving up almost a quarter point to sink to a four-week low.  ( 19 min )
    Whole Life Insurance Definition: How It Works, With Examples
    Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.  ( 30 min )
    Why the Dow Matters
    Although the DJIA only includes 30 stocks, it can tell you a lot about the market as a whole.  ( 25 min )
    What Is the Dow 30, Companies In It, Significance
    The Dow 30 is a stock index comprised of 30 large, publicly-traded U.S. companies that acts as a barometer of the U.S. stock market and economy.  ( 24 min )
    Top Indian CEOs
    Some of the top Indian CEOs are heading major corporations in the financial services and tech sectors. Learn who they are and how they're leading the charge in their respective industries.  ( 25 min )
    The CBOT vs. the CME: What's the Difference?
    Both the Chicago Board Of Trade (CBOT) and Chicago Mercantile Exchange (CME) are futures exchanges, but how do these exchanges differ from each other?  ( 22 min )
    The World’s Top Oil Producers
    Here is a look at the top five oil-producing countries, which are responsible for more than half of the world’s total output.  ( 23 min )
    Accidental Death and Dismemberment (AD&D) Insurance Definition
    Accidental death and dismemberment (AD&D) insurance covers the accidental death or the accidental loss of a limb. Learn how it works.  ( 27 min )
    5 Things to Know Before Markets Open
    Tesla shares move higher on news of a new Twitter CEO and a meeting on the debt ceiling is postponed. Here’s what investors need to know today.  ( 18 min )
    Business Leaders See 1 in 3 Chance of ‘Full-Blown Financial Crisis’
    Recent troubles in the banking system could very well lead to a “full-blown financial crisis” on par with the Great Financial Crisis, business leaders say.  ( 16 min )
    Wealthfront vs. Vanguard Personal Advisor Services: Which Is Best for You?
    Wealthfront and Vanguard Personal Advisor Services are both great robo-advisors. But Wealthfront is the better option, in most cases, unless you are a sophisticated investor.  ( 24 min )
    10 Biggest Shipping Companies
    With A. P. Møller-Mærsk leading the pack, these are the 10 biggest shipping companies by 12-month trailing revenue.  ( 19 min )
    A Primer on Philanthropic Vehicles
    Philanthropy and charitable giving are important to many clients, though philanthropic vehicles are logistically complex.  ( 25 min )
    Russell 3000 Index: Stocks and Limitations
    The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies  ( 21 min )
  • Open

    Markets Fall on a Drop in Consumer Sentiment
    U.S. equities ended the week with a losing session on Friday, May 12, 2023 as a report showed consumer sentiment sank.  ( 1 min )
    5 Things to Know Before Markets Open
    Tesla shares move higher on news of a new Twitter CEO and a meeting on the debt ceiling is postponed. Here’s what investors need to know today.  ( 1 min )
  • Open

    First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
    First Solar shares jumped over 25% after the maker of solar panels bought Swedish solar thin film manufacturer Evolar for up to $80 million.  ( 1 min )
  • Open

    Mediavrouw Linda Yaccarino gaat Elon Musk opvolgen als baas van Twitter
    Linda Yaccarino wordt de nieuwe baas van Twitter, heeft Elon Musk vrijdag aangekondigd. Yaccarino is groot geworden in de wereld van de tv-reclame en werkte hiervoor bij mediabedrijf NBC Universal. Samen met haar gaat Musk werken aan "X , de alles-app".  ( 4 min )
    Vier op de tien woningcorporaties leggen rijkere huurders extra huurverhoging op
    Vier op de tien woningcorporaties leggen huurders met een hoger (midden)inkomen een extra huurverhoging op. blijkt uit een rondgang van de Woonbond. Volgens de vereniging komen sommige huurders door de hogere woonlasten maar lastig rond.  ( 4 min )
    Storing bij ING is voorbij: betalen via de app is weer mogelijk
    De problemen waardoor ING-klanten vrijdagmiddag niet konden inloggen, zijn inmiddels verholpen. Ze kunnen nu weer bij Mijn ING inloggen en geld overmaken.  ( 3 min )
    Consumenten en malafide bedrijven vaker in conflict om zonnepanelen
    De levering en plaatsing van zonnepanelen zorgen voor steeds meer juridische conflicten. Malafide bedrijven maken misbruik van de grote vraag, maar leveren zelden goed werk af. Zo worden bepaalde onderdelen niet geleverd en ontstaat er schade aan daken, met lekkages tot gevolg.  ( 4 min )
    Bitcoinkoers daalt naar laagste punt in bijna twee maanden
    De waarde van de grootste cryptomunt bitcoin zakte vrijdagochtend naar zo'n 26.200 dollar (iets meer dan 24.000 euro). Het is de laagste koers sinds 17 maart.  ( 3 min )
    Alweer een storing bij ING: betalingen via app niet mogelijk
    Het is voor de zoveelste keer in een paar maanden mis bij ING. Klanten melden problemen met de app, waardoor ze niet kunnen inloggen of geld kunnen overmaken. De bank erkent dat er problemen zijn.  ( 3 min )
    Europeanen moeten nog even wachten op Googles AI-chatbot Bard
    Bard, de ChatGPT-concurrent van Google, komt voorlopig nog niet naar Europa. Deze week kondigde het bedrijf aan dat Bard in 180 landen beschikbaar zal komen, maar daar zaten nog geen Europese landen bij. Op termijn brengt Google Bard wel uit in Europa, belooft topman Sundar Pichai.  ( 3 min )
    Europees toezicht op banken is niet goed genoeg volgens Rekenkamer
    Het toezicht op de honderd grootste Europese banken is niet goed genoeg. De Europese Centrale Bank neemt niet snel genoeg beslissingen, is niet consequent en is te soepel voor banken die te veel risico nemen, vindt de Europese Rekenkamer.  ( 4 min )
    Zo veel stijgen de voedselprijzen in onze favoriete vakantielanden
    Wie dit jaar binnen Europa op vakantie gaat, zal niet ontkomen aan stijgende voedselprijzen. Inflatie raakt ook onze favoriete vakantiebestemmingen. Maar wie strategisch tankt en koffie drinkt, kan toch nog wat besparen op vakantie.  ( 6 min )
    Serie | Wat is er nog over van het vermogen van de Philips-familie?
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Philips treft schikking in VS vanwege omkoping in China
    Philips heeft een schikking van 62 miljoen dollar (57 miljoen euro) getroffen met Amerikaanse autoriteiten vanwege vermeende corruptie in China. Het concern, dat zich tegenwoordig vooral richt op medische technologie, zou bijvoorbeeld ziekenhuismanagers hebben beïnvloed om te kiezen voor Philips-apparatuur.  ( 3 min )
    Aantal faillissementen anderhalf keer groter dan vorig jaar
    In de eerste vier maanden van dit jaar gingen in totaal 955 bedrijven op de fles. Dat is ruim anderhalf keer zoveel als in dezelfde periode vorig jaar. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Ook op vakantie ontkom je niet aan inflatie, voedselprijzen stijgen overal
    Wie dit jaar binnen Europa op vakantie gaat, zal niet ontkomen aan stijgende voedselprijzen. Inflatie raakt ook onze favoriete vakantiebestemmingen. Maar wie strategisch tankt en koffie drinkt, kan toch nog wat besparen op vakantie.  ( 5 min )

  • Open

    Vanguard vs. TD Ameritrade: Which Should You Choose?
    Overall, TD Ameritrade is the better option. However, buy-and-hold investors who value simplicity over bells and whistles may still prefer Vanguard despite limitations.  ( 23 min )
    ACH Transfer vs. Wire Transfer: What's the Difference?
    ACH and wire transfers are two ways to send money electronically. Here’s how they work and how to decide which is better for your purposes.  ( 27 min )
    Comprehensive vs Collision Auto Insurance
    Comprehensive and collision auto insurance provides coverage for physical damage to your vehicle, but they work in different ways. Learn how they compare.  ( 25 min )
    How Credit Union Auto Loans Work
    Auto loans from credit unions can offer lower interest rates than from banks or dealerships, but may be less convenient to apply for. Learn about the pros and cons.  ( 22 min )
    Framing Effect: What It Is and Examples
    Framing effect proposes that individuals make decisions, including about investing, based on how an issue is presented, or “framed,” rather than on the facts conveyed.  ( 25 min )
    Dow Jones Today: Index Falls on Disney Downer
    Disney drags Dow down more than 200 points, while consumer staples stocks Coca-Cola and Walmart move higher.  ( 16 min )
    Markets Mixed as Disney, Regional Bank Shares Slide
    Markets finished mixed on Thursday, May 11, 2023, as Disney streaming subscribers and PacWest deposits fell, sending their shares tumbling.  ( 16 min )
    Peloton Shares Drop on Bike Recall
    Peloton shares fell close to 9% on Thursday after recalling 2.2 million bikes because of a faulty seat assembly.  ( 16 min )
    How Much Will a Car Loan Lower My Credit Score?
    Applying for a car loan likely will lower your credit score, but making on-time payments over the life of the loan will actually boost your credit score in the long term.  ( 23 min )
    How to File an Auto Insurance Claim
    If you're in an accident, you'll need to take a number of steps to file an insurance claim. Find out how to file and what to do if you're not happy with the results.  ( 25 min )
    Student Loan Payments are Set To Resume, Regardless of Court Decision on Forgiveness
    Another facet of pre-pandemic life is making its long-awaited, and for many, dreaded, comeback: the process for restarting student loan payments will begin by the end of June, a top Biden Administration official said.  ( 16 min )
    How to Get the Title After Paying Off a Car Loan
    Once you’ve made the final payment on your loan, you can get the title from your lender, and become the full owner of your car. Learn how the process works.  ( 23 min )
    Survey Shows Real Estate Is Americans' Favorite Long-Term Investment
    More Americans chose real estate over stocks, gold, savings accounts, CDs, or bonds when asked what they believed was the best long-term investment, according to a Gallup poll.  ( 16 min )
    How to Hire a Retirement Advisor
    Making a retirement plan usually shouldn’t be a do-it-yourself project unless you have expert knowledge and experience. Here is how to get help.  ( 24 min )
    Today's Mortgage Rates & Trends - May 11, 2023: Rates Ease
    After climbing for four days, mortgage rates took a notable turn downward with the 30-year average easing after almost returning to 7% territory.  ( 19 min )
    Top CD Rates Today, May 11
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    10 Biggest Silver Mining Companies
    With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 19 min )
    Standard Deviation Formula and Uses vs. Variance
    The standard deviation is a statistic measuring the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.  ( 26 min )
    Noon Rate Definition
    The now-defunct noon rate was the Canadian Dollar-U.S. Dollar exchange rate based on trading at noon and published each day by the Bank of Canada.  ( 19 min )
    A Money Mystery: What Happened To The Lowest Earners’ Pandemic-Era Cash Stash?
    What happened to all the money that lower-income households saved up during the pandemic? The answer, surprisingly, may be that much of it still hasn’t been spent.  ( 17 min )
    Only A Third of Small Businesses Have Retirement Plans
    Only one-third of small businesses offer employee retirement plans, providing an opportunity for those that do to lure top-notch job candidates in a tight labor market.  ( 17 min )
    Mother’s Day Cards, Jewelry Cost 10% More This Year
    Mother's Day greeting cards and jewelry will cost nearly 10% more this year, thanks to inflation. Shoppers can also expect price increases for flowers and cosmetics.  ( 16 min )
    Robinhood Shares Gain Ahead of 24-Hour Trading Launch
    Robinhood Markets (HOOD) shares are advancing as the online retail brokerage reported better-than-expected financial results, and said it's expanding services including enabling 24-hour trading.  ( 17 min )
    Top Consumer Staples for May 2023
    Marfrig Global Foods, Cal-Maine Foods, and e.l.f. beauty are top for value, growth, and momentum, respectively.  ( 20 min )
    Producer Prices Rose Less than Expected in April
    Wholesale prices rose less than expected last month, the second straight report this week suggesting inflation is moderating.  ( 17 min )
    How to Become an Independent Financial Advisor
    Wondering How to Become an Independent Finacial Advisor? Here are some things to consider.  ( 26 min )
    Top Chinese CEOs
    China’s rapid economic development has produced some truly inspiring CEOs over the past decade, and Chinese companies are now some of the biggest in the world. Here are some of the most successful CEOs in China.  ( 21 min )
    PacWest Shares Tumble 25% Amid Deposit Outflows
    PacWest shares fell more than 25% after the struggling regional bank reported deposit outflows of 9.5% last week, reigniting concerns about the health of the bank.  ( 16 min )
    How Much Will a Car Loan Lower My Credit Score?
    Applying for a car loan likely will lower your credit score, but making on-time payments over the life of the loan will actually boost your credit score in the long term.  ( 23 min )
    Is It Possible to Get Your Car Back After Title Loan Repossession?
    There are options to get your car back after title loan repossession. These include paying off the loan, reviving the existing loan, or buying the car at auction.  ( 23 min )
    Bank of England Raises Rates to Highest Level Since 2008
    The Bank of England raised interest rates in the U.K. to their highest level in 15 years Thursday as the central bank tries to bring some of Western Europe’s stickiest inflation to bear.  ( 18 min )
    FDIC Proposes Special Assessment on Banks to Replenish Insurance Fund
    The FDIC voted 3-2 in favor of a "special assessment" to replenish its deposit insurance fund after the collapse of Silicon Valley Bank and Signature Bank in March.  ( 19 min )
    When Did Facebook (Meta) Go Public? IPO Date and Overview
    Facebook (Meta) had one of the largest and most anticipated IPOs in history on May 18, 2012, but it failed to meet expectations. A NASDAQ glitch cost investors.  ( 22 min )
    What Does Auto Insurance Cover?
    Auto insurance provides a range of coverage, depending on what type of insurance you have. Standard insurance covers costs of property damage or injuries to others.  ( 23 min )
    What Is Full Coverage Car Insurance?
    Full coverage car insurance is auto insurance that includes liability, collision, and comprehensive policies. Learn more about what full coverage car insurance entails.  ( 22 min )
    Top Small-Cap Stocks for May 2023
    Biggest movers include Prometheus, Arcellx, and Madrigal, all more than quadrupling in price in the last year while the Russell 2000 Index is nearly unchanged.  ( 21 min )
    How to Find a BIPOC Financial Advisor or Planner
    Finding the right match can make a large impact in your financial future.  ( 23 min )
    Congress Needs To Clarify Who Regulates Crypto In The U.S., Says SEC Commissioner
    SEC Commissioner Hester Peirce said Congress needs to decide who regulates cryptocurrencies while advocating for clear yet less stringent rules for tokens.  ( 18 min )
    Top Healthcare Stocks for May 2023
    Top healthcare stocks include Azenta Inc. for best value, ShockWave Medical for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )
    5 Things to Know Before Markets Open
    Disney shares drop after reporting record streaming subscriber losses, and the Labor Department prepares to release its latest update on wholesale inflation. Here’s what investors need to know today.  ( 17 min )
    How Do I Read and Interpret a Stochastic Oscillator?
    Understand the basics of the stochastic oscillator and how analysts and traders use this measure of trend momentum to predict impending reversals.  ( 17 min )
    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 21 min )
  • Open

    Peloton shares drop on bike recall
    Peloton shares fell close to 9% on Thursday after recalling 2.2 million bikes because of a faulty seat assembly.  ( 1 min )
    Robinhood Shares Gain Ahead of 24-Hour Trading Launch
    Robinhood Markets (HOOD) shares are advancing as the online retail brokerage reported better-than-expected financial results, and said it's expanding services including enabling 24-hour trading.  ( 1 min )
    PacWest Shares Tumble 25% Amid Deposit Outflows
    PacWest shares fell more than 25% after the struggling regional bank reported deposit outflows of 9.5% last week, reigniting concerns about the health of the bank.  ( 1 min )
    Roblox Revenue, Users Jump
    Roblox shares jumped as the online video game company posted better-than-expected revenue and record numbers of users.  ( 1 min )
    Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
    Shares in Walt Disney dropped 2.4% after hours with the company reporting a 4M drop in Disney+ subscribers, and a modest earnings beat.  ( 1 min )
  • Open

    Markets mixed as Disney, regional bank shares slide
    Markets finished mixed on Thursday, May 11, 2023, as Disney streaming subscribers and PacWest deposits fell, sending their shares tumbling.  ( 1 min )
    Dow Jones Today: Index Falls on Disney Downer
    Disney drags Dow down more than 200 points, while consumer staples stocks Coca-Cola and Walmart move higher.  ( 1 min )
    5 Things to Know Before Markets Open
    Disney shares drop after reporting record streaming subscriber losses, and the Labor Department prepares to release its latest update on wholesale inflation. Here’s what investors need to know today.  ( 1 min )
    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 1 min )
    Tech Stocks Rally on Inflation News
    The major U.S. indexes finished mixed on May 10, 2023, after the Labor Department reported a slowdown in the annual rate of inflation.  ( 1 min )
    Dow Jones Today: Index (and Inflation) Slip
    Salesforce led a tech march in the Dow, while American Express and Visa fell on consumer credit worries.  ( 1 min )
  • Open

    Getaround Inc. Acquiring Assets of HyreCar for $9.45 Million
    By Exec Edge Editorial Staff Getaround Inc. (NYSE: GETR) said it plans to buy all of the assets of HyreCar Inc., which offers car rentals for gig-economy drivers, for $9.45 million. The acquisition is expected to accelerate Getaround’s “path to profitability,” the car-sharing company said. The deal is expected to close on Tuesday. “HyreCar created […]  ( 38 min )
    Tesla Stock Jumps After Musk Announces New Twitter CEO. What the Move Is Worth.
    Tesla investors have perceived Musk's role at Twitter as a distraction that prevented him from focusing on the car company.  ( 23 min )
    Market Rally Weak Outside Google; Tesla Pops On Elon Musk's Twitter News
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    Tesla Stock Rises After Elon Musk Says He's Found A Twitter CEO
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    PacWest stock plunges 23% after losing 9.5% of deposits last week
    Regional banks were under pressure again Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.  ( 40 min )
    Beyond Meat tumbles to new low after seeking to raise $200 million
    Last trading at $10.26, Beyond Meat's stock has slumped from highs of over $239 in the months following its July 2019 initial public offer, among Wall Street's hottest listings that year. Beyond Meat also said it has entered an equity distribution agreement with Goldman Sachs to sell up $200 million worth of its shares, or equivalent to about 30% of its market cap after Thursday's drop. Goldman Sachs analyst Adam Samuelson has a "sell" rating on Beyond Meat's stock, according to Refinitiv.  ( 39 min )
    Carl Icahn’s Firm OKs Buybacks, Increases Shares Backing His Debt
    (Bloomberg) -- Carl Icahn’s holding company authorized a buyback equaling almost 27% of its shares trading on the open market, potentially boosting the stock price as the financier feuds with a short seller.Most Read from BloombergJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets Rally as Candidate Withdraws Days Before VoteDimon Jabs at Trump on Debt Ceiling, Says JPMorgan Has War RoomTraders Embrace Bonds as Recession Angst Builds: Markets WrapFamily Builds $900 Million Brazi  ( 40 min )
    Elon Musk Dismisses Warren Buffett's 'Kindly Grandfather' Image As Overrated
    Tesla Inc. CEO Elon Musk has never been one to hold back his opinions, even when it comes to legendary investor and Berkshire Hathaway Inc. founder Warren Buffett. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families In a candid 2020 interview with The New York Times, Musk didn’t mince words when he discussed Buffett’s image. “He has managed to create a great image for himself as a kindly grandfather, which is maybe  ( 40 min )
    Dimon Warns of Market Panic as Default Draws Closer
    JPMorgan Chase (JPM) CEO Jamie Dimon says the unresolved debt ceiling situation could wreak havoc on the stock market. Dimon said on Bloomberg television that if a debt ceiling agreement isn’t reached, it would be “potentially catastrophic,” adding that as a government default on credit draws close  ( 26 min )
    Brazil's Petrobras to pay $5 billion in dividends, but hints at changes
    Brazil's state-run oil company Petrobras said on Thursday it will pay dividends of 1.893577 reais per share, totaling 24.7 billion reais ($4.94 billion). The company will pay a first installment to shareholders on August 18, while the second will be paid on September 20. ($1 = 5.0033 reais)  ( 38 min )
    Will Nvidia Beat Q1 Expectations? Analyst Says Likely, Backed By AI and Gaming GPU Ramp Up
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    BUD Stock Has Fallen for Five Days. The Boycott Blues Have Kicked Back In.
    Shares of beer maker Anheuser-Busch InBev stock are down again as a conservative boycott continues to loom over the company.  ( 22 min )
    Charlie Munger pockets $70,000 a year from a $1,000 investment he made in 1962 - and has likely raked in over $1 million in total
    Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.  ( 39 min )
    Cassava Sciences Stock Clears Benchmark, Hitting 80-Plus RS Rating
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    Zillow: U.S. default would see mortgage rates top 8%, home sales plummet, and the housing market slip back into a ‘deep freeze’
    If the U.S. defaults, Zillow says, mortgage rates could reach 8.4% by September.  ( 40 min )
    FAANG stocks could soar 50% this year thanks to long-term demand for tech goods and no new competition, Fundstrat's Tom Lee says
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    Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’
    “People always look at the financial deal. Forget the financial deal ... it's a lot of work,” Dimon told Bloomberg Thursday about buying beaten down banks.  ( 41 min )
    EV Startups Are Proving Warren Buffett Right
    Polestar became the latest electric-vehicle manufacturer to cut its forecast for 2023 deliveries on Thursday, sending its stock down 11%.  ( 27 min )
    Disney CEO Bob Iger says more price hikes coming to streaming services amid profitability push
    Disney CEO Bob Iger revealed more price hikes will be coming to its streaming services.  ( 41 min )
    High Court Backs California Humane-Pork Law in Industry Loss
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    Donald Trump Says Republicans Should Let the U.S. Default. What Would Happen Next.
    The U.S. came perilously close to default in 2011.  ( 39 min )
    Peloton stock tumbles after company recalls more than 2 million bikes
    Peloton's bike recall likely won't be as a detrimental to the stock as the 2021 treadmill recall, according BMO Capital Markets.  ( 39 min )
    SoftBank Says Goodbye to Alibaba, Hello to More AI Investments
    The Japanese tech investor said it was ready to go on the offensive again with its eye on artificial-intelligence companies after cashing in almost its entire stake in Alibaba.  ( 27 min )
    Why Today’s 4.3% I Bond Is a Better Investment Than Last Year’s 9.6%
    Investors will get an 0.9% fixed rate plus the inflation rate over the life of the savings bonds.  ( 22 min )
    BUD Stock Jumped After Earnings. Then the Boycott Blues Kicked Back In.
    Shares of beer maker Anheuser-Busch InBev stock are down again as a conservative boycott continues to loom over the company.  ( 22 min )
    Bob Iger’s latest strategy to turn Disney’s loss-making streaming business around: Removing content—at a cost of nearly $2 billion
    Now that Iger knows what drives subscriber growth and what doesn't, he wants to thin out the bloated library of content on his loss-making streaming platforms.  ( 40 min )
    Carl Icahn's Icahn Enterprises stock slips on new Hindenburg short
    Hindenburg Research said Thursday that it had initiated a new position in Icahn Enterprises.  ( 40 min )
    Jamie Dimon Says US Needs to 'Finish' the Bank Crisis
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    Elliott Management attacks Goodyear — and the blimp isn't the problem
    Goodyear finds itself in the crosshairs of a new activist campaign.  ( 39 min )
    PacWest stock plunges 30% after losing 9.5% of deposits last week
    Regional banks were under pressure again early Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.  ( 40 min )
    Cathie Wood Calls Elon Musk 'Renaissance Man.' Says Tesla Self-Driving 'Almost There.'
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    Short Seller Hindenburg Hits Out Again at Carl Icahn, Adds Bet Against Bonds
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    Peloton Stock Skids After Bike Recall
    Peloton shares are down nearly 8% in morning trading after the company announced a recall affecting roughly 2.2 million bikes. Bikes sold for about $1,400 from January 2018 through this mo  ( 17 min )
    ‘This Is Beyond Anything I’ve Seen’: Mark Cuban Says He’s Amazed by the Potential Impact of AI — Here Are 2 Stocks That Wall Street Likes
    With the rise of ChatGPT, AI (artificial intelligence) has been generating an enormous amount of buzz this year, based on the tech’s potential to impact so many facets of everyday life and the way we interact with the world around us. But is it really a seismic development or just overhyped tech? Billionaire entrepreneur Mark Cuban falls resolutely in the former camp. Having recently waded in on the conversation, Cuban has said the tech’s potential is “beyond anything I’ve ever seen,” comparing  ( 42 min )
    Capital Gains Tax on Real Estate Investment Property Will Set You Back This Much
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    Adidas to Start Selling $1 Billion Pile of Yeezy Sneakers, Donate Proceeds to Charity
    The sportswear brand ended its partnership with Kanye West last year over the rapper's antisemitic comments, leaving it with more than $1 billion worth of unsold stock.  ( 26 min )
    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
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    JPMorgan CEO Dimon says bank is convening a 'war room' on debt ceiling
    JPMorgan Chase & CO CEO Jamie Dimon said on Thursday bank staff are meeting weekly to discuss the potential implications for clients, contracts and markets of a potential U.S. default. While he does not expect that potentially "catastrophic" outcome, it will likely convene daily "war room" to discuss a potential default as the U.S. government get closer to running out of cash to pay its obligations, he said.  ( 38 min )
    PacWest Stock Tumbles Again. The Bank Turmoil Is Hardly Over.
    The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential investors and partners.  ( 22 min )
    Policymakers Have a Potential Fix For Depleting Social Security Funds ... But It'll Cost You
    The projections for the solvency of Social Security a decade from now are not good. And if something isn't done, the trust funds for Old-Age and Survivors Insurance (OASI) and the combined Old-Age and Survivors Insurance and Disability Insurance (OASDI) … Continue reading → The post Would You Pay an Extra Tax to Save Social Security? Here's What Experts Think appeared first on SmartAsset Blog.  ( 40 min )
    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
    If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.  ( 41 min )
    How Much Retirement Will a $250,000 Annuity Get Me?
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    The Avoidable Retirement Mistake That Empty Nesters Make
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    Two Lithium Stocks to Buy. Analyst Sees Improving Chinese Demand.
    KeyBanc analyst Aleksey Yefremov upgraded shares of Albemarle and Livent to Buy from Hold.  ( 26 min )
    EUR/USD Forecast – Euro Drifts Toward 50-Day EMA
    The euro initially fell during the trading session on Thursday as we continue to see a lot of volatility in the Forex markets.  ( 39 min )
    JD.com Stock Jumps on Earnings Beat. The CEO Is Retiring.
    JD.com's first-quarter earnings beat expectations. The company said CEO Lei Xu will retire in June for personal reasons.  ( 22 min )
    Dow Jones Futures Fall After Inflation Data, Jobless Claims; PacWest Plunges 25% On Falling Deposits
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    Top Healthcare Stocks for May 2023
    Top healthcare stocks include Azenta Inc. for best value, ShockWave Medical for fastest growth, and Viking Therapeutics for most momentum.  ( 22 min )
    Stock futures mixed on new inflation data, regional banking concerns: Stock market news today
    Stock futures slipped on Thursday morning as investors awaited more inflation data.  ( 40 min )
    GM, Ford Could Have Trouble Selling EVs at a Profit. What It Means for Their Stocks.
    Electric vehicle costs are coming down, but not fast enough to help the two automakers, argues Wells Fargo analyst Colin Langan. He has a point.  ( 26 min )
    Investors Found Ways To Protect Money From Possible U.S. Default
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    Investors Keep Buying Tesla, But Dump Apple, Microsoft, Brokerage Data Shows
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    PacWest Stock Tumbles Again. Why Is Everyone Saying Banking Turmoil Is Over?
    The Beverly Hills-based bank said the majority of the 9.5% deposit decline occurred on May 4 and May 5 after news reports that PacWest was exploring all of its options and holding talks with potential investors and partners.  ( 22 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: AECOM
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    Analyst Report: KKR & Co. Inc.
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    Analyst Report: Simon Property Group, Inc.
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    Daily – Vickers Top Buyers & Sellers for 05/11/2023
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    Daily – Vickers Top Insider Picks for 05/11/2023
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    Top Growth Stocks for May 2023
    Zimmer Biomet Holdings Inc and Nordic American Tankers are top stocks for EPS and revenue growth, respectively.  ( 21 min )
    This Might Be Your Last Call At Ridiculously 'Plump' 5% Rates
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    PacWest stock plummets after it moves to boost borrowing capacity
    So far this month, PacWest shares have lost nearly 40%. During the week ended May 5, deposits declined about 9.5%, the bank said, adding the majority of those outflows happened on May 4 and May 5 after news reports said PacWest was exploring options. But at the end of the first quarter, PacWest had $341.7 million in cash and cash equivalents, which it said would be sufficient to fund cash flow needs over the next 12 months.  ( 38 min )
    Why Energy Stocks Have Run Out of Gas
    Shares of oil-and-gas companies led the market last year. This year, they are the biggest laggards. Energy stocks are 2023's worst-performing S&P 500 sector, down 9.2%, compared  ( 18 min )
    JD.com Shares Jump on Earnings Beat. The CEO Is Retiring.
    JD.com's first-quarter earnings beat expectations. The company said CEO Lei Xu will retire in June for personal reasons.  ( 22 min )
    Inflation data points to Fed pause on rate hikes
    Markets are widely pricing in an interest rate hike pause at the next Fed meeting following the release of new inflation data.  ( 40 min )
    An important update on Icahn’s perpetual dividend . . .
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    The Bank-Stock Buying Spree Continues as Insiders Snap Up Shares
    Executives and directors at U.S. banks ranging from giants such as U.S. Bancorp to tiny Byline Bancorp are scooping up more shares.  ( 22 min )
    Healthcare Stocks Are on Sale. Pfizer and Stryker Have Strong Growth Prospects.
    Healthcare has had the greatest earnings growth of any sector since the mid-1980s. Why Pfizer and Stryker are two favorite stocks of the Jensen Quality Growth fund.  ( 23 min )
    SpaceX Is a Roaring Success. Could a Starlink IPO Get Elon Musk Out of His Financial Jam?
    A Starlink IPO could raise billions of dollars and give Musk another source of funds outside of Tesla stock.  ( 32 min )
    Icahn says a ‘blitzkrieg’ hit him
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Head of New Lithium Giant Building Supply Chain for Americas
    (Bloomberg) -- The chief executive of what will become the world’s third-biggest lithium producer says the new company will focus on building a supply chain in the Americas, as US automakers look for non-Chinese sources of the electric vehicle-battery metal.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourTreasuries Advance After C  ( 39 min )
    Bitcoin drops on liquidity concerns, Ether dips; Polkadot leads winners; U.S. equity futures gain
    Bitcoin fell on Thursday morning in Asia to trade around the US$27,500 mark. Ether led the losers in the top 10 non-stablecoin cryptocurrencies.  ( 40 min )
    Here's how the economy and the stock market could react to the 4 possible outcomes of the debt ceiling standoff
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    Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm
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    Oil prices rise on strong fuel demand data
    Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world's biggest oil producer and consumer defaulting on its debt. U.S. crude futures rose 28 cents to $72.84. Latest U.S. data showed consumer prices rose in April, increasing the likelihood that the Federal Reserve will maintain higher interest rates which can have the knock-on effect of reducing oil demand.  ( 38 min )
    Nasdaq Hits 2023 High On Google AI Push. Noteworthy, But Curb Your Enthusiasm.
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    2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says
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  • Open

    Elon Musk zegt dat hij nieuwe topvrouw voor Twitter heeft gevonden
    Elon Musk zegt dat hij een vervanger voor zichzelf heeft gevonden als hoogste baas bij Twitter. De miljardair blijft zelf als voorzitter en eindverantwoordelijke voor technologie werkzaam in het bestuur van het bedrijf.  ( 4 min )
    Schiphol heeft tekort aan beveiligers ruimschoots ingehaald
    Schiphol heeft in de meivakantie ongeveer 1,1 miljoen vertrekkende passagiers verwerkt. Dat leidde niet tot grote problemen omdat er duizend nieuwe beveiligers zijn aangenomen.  ( 3 min )
    Verbod op tijdelijke huurcontracten komt er toch ondanks geruzie in de Kamer
    Het verbod op tijdelijke huurcontracten komt er toch, maar wel met een aantal uitzonderingen. Vorige maand ontstond er ruzie in de Tweede Kamer over de nieuwe wet. Het CDA zoekt nu de middenweg en heeft de strijdbijl met initiatiefnemers PvdA en CU begraven.  ( 5 min )
    Video | Wat is er nog over van het vermogen van de Philips-familie? (aflevering 1)
    Sander Schimmelpenninck en Elinze Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Video | Waarom is de Philips-familie niet een van de rijkste van ons land? (aflevering 1)
    Sander Schimmelpenninck en Elinze Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. Samen bezoeken ze het landgoed De Wielewaal en duiken ze in het privéarchief van de familie. Dit is de eerste aflevering en de komende weken zie je iedere donderdag om 17.00 uur een nieuwe aflevering op NU.nl.  ( 3 min )
    Britse waakhond verbiedt Microsoft en Activision om elkaars aandelen te kopen
    Microsoft en Call of Duty-maker Activision Blizzard mogen geen aandelen van elkaar kopen zolang het beroep tegen het overnameverbod in behandeling is. Dat heeft de Britse toezichthouder CMA donderdag bepaald. De softwaregigant wil de gameontwikkelaar overnemen voor 69 miljard dollar (63,3 miljard euro).  ( 4 min )
    Pornosite xHamster gaat in beroep in zaak over illegale amateurbeelden
    Pornosite xHamster gaat in beroep tegen de uitspraak over illegale naaktbeelden. Dat bevestigt de advocaat van xHamster tegenover NU.nl. De rechtbank van Amsterdam bepaalde een maand geleden dat de website alle video's moet verwijderen waarvoor ze geen aantoonbare toestemming heeft gekregen.  ( 5 min )
    EU wil nieuwe belastingen heffen om extra uitgaven te financieren
    De Europese Unie is van plan om nieuwe belastingen in te voeren. Het gaat onder meer om een grensbelasting en een heffing op cryptomunten en financiële transacties. Die inkomsten zijn nodig om uitgaven voor het coronaherstelfonds, defensie en duurzaamheid te kunnen doen.  ( 4 min )
    Britse rente naar hoogste niveau sinds wereldwijde financiële crisis in 2008
    De Britse centrale bank heeft het belangrijkste rentetarief verhoogd naar 4,5 procent om de torenhoge inflatie in het Verenigd Koninkrijk tegen te gaan. Het is de twaalfde verhoging op rij.  ( 3 min )
    Flinke loonsverhoging schoonmakers vanwege duurdere boodschappen
    Zo'n 125.000 schoonmakers en glazenwassers in ons land krijgen een loonsverhoging van in totaal 6,25 procent dit jaar en nog eens 8,5 procent in 2024 bovenop hun lopende cao. Werkgeversclub Schoonmakend Nederland en de vakbonden hopen op deze manier het koopkrachtverlies van de werknemers te compenseren.  ( 3 min )
    Nieuwe stakingen op Duits spoor treffen ook treinen van en naar Nederland
    Het spoorpersoneel in Duitsland legt zondagavond voor vijftig uur het werk neer om een betere cao af te dwingen. Het gaat om een staking in het regionale, langeafstands- en goederenverkeer. Deutsche Bahn verwacht "enorme verstoringen" in Duitsland en over de grens.  ( 4 min )
    Huurprijzen in de vrije sector opnieuw een beetje gezakt
    De gemiddelde huurprijs is in het eerste kwartaal van dit jaar verder gedaald. Hoewel de prijzen in de vrije huursector zijn gezakt, zijn in eerste drie maanden van dit jaar minder mensen naar een huurwoning verhuisd dan een jaar eerder.  ( 3 min )
    Duitse conducteurs en machinisten gaan vanaf zondagavond vijftig uur staken
    Het spoorpersoneel in Duitsland legt zondagavond voor vijftig uur het werk neer om een betere cao af te dwingen. Het gaat om een staking in het regionale, langeafstands- en goederenverkeer. Deutsche Bahn-bestuurder Martin Seiler vindt dat de vakbond zich onredelijk opstelt.  ( 3 min )
    Gasprijs op laagste punt sinds 2021, energierekening mogelijk verder omlaag
    De prijs voor gas is de afgelopen dagen verder gezakt. Voor een megawattuur betalen handelaren nu minder dan 35 euro. Eind 2021 was gas voor het laatst zo goedkoop.  ( 4 min )
    AI-wet haalt grote meerderheid bij eerste stemming Europees Parlement
    Het Europees Parlement heeft donderdag voor het eerst gestemd over de aanstaande AI-wet. Het voorstel is door een grote meerderheid goedgekeurd. Toch duurt het nog een tijdje voordat de Europese regels in werking treden.  ( 4 min )
    Ook KLM moet in de zomer vluchten schrappen door technische problemen
    KLM moet de komende maanden vluchten schrappen. Het gaat om een "beperkt aantal" vluchten met de Cityhopper-toestellen, die binnen Europa vliegen.  ( 3 min )
    Winst ING bijna vier keer zo hoog dankzij gestegen rente
    ING heeft zijn nettowinst bijna verviervoudigd in het eerste kwartaal van dit jaar. Net als ABN AMRO, dat woensdag al zijn resultaten presenteerde, heeft het financiële concern flink geprofiteerd van de gestegen rente.  ( 4 min )
    Dure boodschappen blijven voor inflatie zorgen, energie en brandstof goedkoper
    De hogere prijzen voor eten en drinken waren in april de belangrijkste oorzaak van de inflatie. Het leven was vorige maand 5,2 procent duurder dan een jaar eerder. Vooral de dure boodschappen waren daar debet aan.  ( 3 min )
    Dure boodschappen blijven zorgen voor inflatie, energie en brandstof goedkoper
    De hogere prijzen voor eten en drinken waren in april de belangrijkste reden voor de inflatie. Uit cijfers van statistiekbureau CBS blijkt dat het leven vorige maand 5,2 procent duurder was dan een jaar eerder en vooral de dure boodschappen waren daar debet aan.  ( 3 min )

  • Open

    Disney Shares Fall After Reporting Loss of 4M Streaming Subscribers
    Shares in Walt Disney dropped 2.4% after hours with the company reporting a 4M drop in Disney+ subscribers, and a modest earnings beat.  ( 16 min )
    Top Savings Account Rates Today, May 10
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    Tech Stocks Rally on Inflation News
    The major U.S. indexes finished mixed on May 10, 2023, after the Labor Department reported a slowdown in the annual rate of inflation.  ( 17 min )
    Fed Report Highlights Risk of Banks’ Exposure to Commercial Real Estate (CRE)
    The U.S. Federal Reserve sounded the alarm on commercial real estate (CRE), highlighting the risks of high exposure to the sector among some of the nation’s banks.  ( 18 min )
    Dow Jones Today: Index (and Inflation) Slip
    Salesforce led a tech march in the Dow, while American Express and Visa fell on consumer credit worries.  ( 17 min )
    Means Test: Definition, How It Works, Examples
    A means test is a formula that qualifies an individual or household for assistance or other benefits.  ( 19 min )
    Top CD Rates Today, May 10
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Equity Income Definition
    Equity income primarily refers to income from investments that are known to pay dividend distributions.  ( 19 min )
    Roblox Revenue, Users Jump
    Roblox shares jumped as the online video game company posted better-than-expected revenue and record numbers of users.  ( 16 min )
    Social Security Recipients May See Big Drop in Cost-of-Living Increase
    The Senior Citizens League estimates that the 2024 COLA could be 3.1%, plunging from a four-decade high of 8.7% this year.  ( 16 min )
    Market-Based Corporate Governance System
    A market-based corporate governance system defines the responsibilities of the different participants in the company, including shareholders and management.  ( 20 min )
    Top Referral Tips for Financial Advisors
    Referrals can get financial advisors more clients and increase revenues.  ( 22 min )
    Today's Mortgage Rates & Trends - May 10, 2023: Rates Continue Higher
    Mortgage rates moved generally higher for a fourth consecutive day, including a bump in the flagship 30-year average that almost returns it to 7% territory.  ( 19 min )
    Mortgage Applications Jumped Last Week
    Homebuyers may have been buoyed this week as the Federal Reserve signals a pause in interest rate hikes, according to the Mortgage Bankers Association.  ( 16 min )
    Is it Possible to Have a Credit Limit That’s too High?
    Avoid these pitfalls when working with high credit limits, and learn how to increase your credit score by increasing your credit limit responsibly.  ( 22 min )
    Google AI Push Comes With Enhanced Features For Search, Maps
    Google's AI push comes with enhanced features for search, maps and photo editing as well as an expansion to 180 countries with over 40 languages.  ( 17 min )
    The New York City Economic Tracker: April 24, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    Legendary Asian-American Entrepreneurs
    These 11 entrepreneurs turned their ideas into thriving businesses that have transformed industries from high tech to medicine to fashion design.  ( 25 min )
    Here’s How Deposit Insurance Keeps Bank Accounts Safe—Even If Its Funding Runs Dry
    Even in the wake of bank failures that have diminished the funds that backstops deposit insurance, the average bank customer shouldn’t worry too much, experts say.  ( 20 min )
    Shares in Icahn Enterprises Drop 20% After Federal Investigation Confirmed
    Icahn Enterprises confirmed federal investigation, sending shares down 20%  ( 17 min )
    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 20 min )
    Ethical Standards You Should Expect From a Financial Advisor
    Professional ethics in the financial services profession can be confusing. Here are some ways to ensure you are getting the best advice.  ( 26 min )
    Top 10 Asian American-Owned Banks
    There are more banks owned by Asian Americans than by any other racial group in the U.S. Here are 10 of the most successful ones.  ( 30 min )
    Calculating Investment Percentage Gains or Losses
    Calculating the percentage gain of an investment is easy. Here is what you need to know to determine gain or loss.  ( 23 min )
    Term Life Insurance: What It Is, Different Types, Pros and Cons
    Term life insurance is a guaranteed life benefit paid to beneficiaries of the insured after death.  ( 28 min )
    Inverted Market: Causes and Example
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    Top Tech Stocks for May 2023
    Daqo New Energy, Rumble, and Tingo Group lead the pack for value, growth, and momentum, respectively.  ( 21 min )
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    How Morgan Stanley (MS) Makes Its Money
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    Gas and Vehicle Prices Fueled Stubborn Inflation in April
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    Does Your Financial Advisor Speak Crypto?
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    Stock Trading Bot: Coding Your Own Trading Algo
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    Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) Definition
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    5 Things to Know Before Markets Open
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  • Open

    Beyond Meat Plans to Raise Up to $200 Million in Stock Offering
    (Bloomberg) -- Beyond Meat Inc. seeks to raise as much as $200 million in an equity offering as the plant-based burger maker contends with falling sales and a decline in cash reserves. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Ed  ( 40 min )
    Warren Buffett's Apple bet is worth $158 billion or 22% of Berkshire Hathaway's total market value. The investor gave 5 reasons why he's not stressing about the wager's size.
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    Bud Light parent company's stock downgraded by HSBC amid branding 'crisis,' huge sales drop
    HSBC is downgrading Anheuser-Busch InBev to hold following the Bud Light "crisis" involving a marketing campaign featuring transgender activist Dylan Mulvaney.  ( 39 min )
    Bud Light sales continue to fall weeks after Mulvaney promo debacle
    Sales of other Anheuser-Busch brands, including Michelob Ultra, Busch Light and Natural Light, have also taken a hit.  ( 38 min )
    Fed Report Highlights Risk of Banks’ Exposure to Commercial Real Estate (CRE)
    The U.S. Federal Reserve sounded the alarm on commercial real estate (CRE), highlighting the risks of high exposure to the sector among some of the nation’s banks.  ( 18 min )
    Paramount cuts 25% of US networks jobs, shuts down MTV News: reports
    Paramount is cutting staff and shuttering MTV News to cut costs, according to media reports.  ( 40 min )
    Top CD Rates Today, May 10
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Sonos Stock Tumbles After Speaker Maker Cuts Sales Outlook
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    Topgolf Sinks Most Since 2020 on Concern Golf Boom Is Fading
    (Bloomberg) -- Topgolf Callaway Brands Corp. tumbled by the most since October 2020 on Wednesday after the company cut its profit forecast for the year, signaling that interest in golf is cooling following a pandemic-fueled surge.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving Fed Room to  ( 39 min )
    Disney earnings miss estimates as streaming losses narrow, parks soar
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    Carl Icahn's Icahn Enterprises stock falls 15% after company discloses federal probe
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    PayPal And Palantir Both Took The AI Plunge But Reactions Were Different
    Two companies that were both partly founded by Peter Thiel reported their first quarter results, namely PayPal Holdings Inc (NASDAQ: PYPL) and Palantir Technologies Inc (NYSE: PLTR). Palantir shares catapulted on Tuesday after CEO outlined plans to capitalize AI boost, while PayPal increased its outlook for the year but its increased profitability was mostly the result of cost cutting, including staff cuts. PayPal’s Raised Profit Expectations Were Eclipsed By Adjusted Margin Guidance With its fi  ( 40 min )
    US Budget Surplus for April Plunged 43% on Weakening Tax Revenues
    (Bloomberg) -- The US federal government’s budget surplus for April was down 43% from a year ago, thanks to a slide in tax revenues for the month that annual household filings are due.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $  ( 38 min )
    Argentina Is Going Broke to Stall a Full-On Currency Collapse
    (Bloomberg) -- Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollThe South America n  ( 39 min )
    Trade Desk Stock Today: This Iron Condor May Generate A $125 Profit By May 12
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    Dominion CEO describes deliberation around $787.5 million settlement with Fox
    When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April, the CEO of Dominion Voting Systems and his partner saw the figure as “a very big price to put on truth and journalism and probably not a bad precedent,” Dominion head John Poulos said Wednesday. Poulos, Dominion’s co-founder and chief executive, spoke about his experience settling the historic lawsuit during an interview at the Sir Harry Evans Global Summit in Investigative Journalism in London. Dominion sued Fox News and parent company Fox Corp in 2021 over the network’s coverage of false vote-rigging claims about the voting technology firm.  ( 39 min )
    Stock Screener: This Gold Stock Packs A Punch At Less Than 10 Bucks
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    Icahn, Under Federal Investigation, Blasts Short Seller
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    Analyst Report: Integer Holdings Corp
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    Analyst Report: Eaton Corporation PLC
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    Analyst Report: Church & Dwight Co., Inc.
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    Top Cannabis Stocks for May 2023
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    IBM’s CEO says its new A.I. tools will be able to do ’30 – 50%’ of ‘repetitive’ office work after indicating his own company will pause some hiring
    Arvind Krishna thinks A.I. will become integral to many office tasks.  ( 41 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
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    Market Update: ALB, CHD, ETN, ITGR, PEAK, NET
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    Prosecutors Seek Data From Icahn Enterprises Following Short-Seller’s Report
    Icahn Enterprises said the U.S. Attorney for the Southern District of New York requested information on a range of issues, including valuation and governance.  ( 23 min )
    Carl Icahn's Icahn Enterprises stock falls 20% after company discloses federal probe
    The U.S. Attorney's office of the Southern District of New York reached out to Carl Icahn and Icahn Enterprises a day after Hindenburg Research released a short report on the holding company.  ( 39 min )
    3 REITs With Sensational First-Quarter Earnings
    Investors who are on the lookout for real estate investment trusts (REITs) that could prosper in the future need to look no further than the recent first-quarter earnings reports that were released last week. Strong earnings often drive increases in share price as well as dividend growth. Therefore, companies with the best operating results stand to do as well or better than other comparable peers. Take a look at three REITs that had sensational first-quarter earnings and are strong candidates t  ( 40 min )
    Don’t Own Apple Stock? You’re Probably Regretting It.
    Managers with relatively low exposure to tech heavyweights might be kicking themselves right about now.  ( 22 min )
    Leaked email from Microsoft CEO says salaried staff will not get raises this year due to macroeconomic conditions
    Microsoft CEO Satya Nadella told staff in an email Wednesday that the company will not be supplying raises to salaried staff due to macroeconomic conditions.  ( 39 min )
    Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information
    (Bloomberg) -- Icahn Enterprises LP, under pressure from a short seller, fell as much as 20% after disclosing that the US Attorney’s office for the Southern District of New York had reached out seeking information. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTrump L  ( 39 min )
    What's Going On With AMD Stock Wednesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher Wednesday. The positive movement could also be in sympathy with peer chipmakers, as a lot is brewing in the space. Peer chipmaker NVIDIA Corp (NASDAQ: NVDA) is also trading higher on reports of additional orders for AI chips that require Taiwan Semiconductor Manufacturing Company Ltd's (NYSE: TSM) CoWoS (chip on wafer on substrate) packaging. A lso, reports suggest that Nvidia might launch its GeForce RTX 4060-series graphics ca  ( 39 min )
    AB InBev Stock Falls as Bud Light Weakness Spreads to Other Brands
    Nationwide retail sales of Budweiser and Bud Light are down both year to date and over the four-week period ended April 29—in contrast to the industry and peers.  ( 22 min )
    CNBC anchor who accused ex-CEO of sexual harassment to leave network
    A lawyer for Gamble said her client filed a sexual harassment complaint that led to the firing of NBCUniversal chief Jeff Shell.  ( 38 min )
    'The Fed Will Not Raise Rates Again': Bond King Jeffrey Gundlach Says Rate Hikes Are Done — Is It Time For These 2 Sectors To Shine?
    The Federal Reserve announced another 25 basis point rate hike last week, bringing the federal funds rate to its highest level since 2007. But according to DoubleLine Capital Founder Jeffrey Gundlach, this should mark the end of the U.S. central bank’s hawkish stance. “The Fed will not raise rates again,” he said in a tweet. This is not the first time for Gundlach to predict that the Fed will pivot. “I predict the Federal Reserve will be cutting rates substantially soon,” he said in a tweet in M  ( 39 min )
    Warren Buffett Says, 'There's Nothing Better' Than This Strategy If You 'Do It At The Right Price.' Here Are 3 Companies Leading The Pack In This Area
    Companies can allocate their funds in various ways to create shareholder value. But in the eyes of legendary investor Warren Buffett, one method stands out above all others. “If you do it at the right price, there’s nothing better than buying in your own business,” the Berkshire Hathaway CEO said during his company’s annual shareholders meeting in 2022. Buffett was referring to stock buybacks. Basically, a company can repurchase its own shares from the open market, effectively reducing the numbe  ( 41 min )
    Microsoft reveals the A.I. skills that will be ‘crucial’ to landing any job in the future
    According to Microsoft's Work Trend Index, the labor force needs to start working on their A.I. skills immediately or risk being left behind.  ( 40 min )
    Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
    (Bloomberg) -- Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said the nation’s president, whose fiscal turnaround is winning over currency and bond traders.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for  ( 39 min )
    Toyota Accelerates Its EV Changes With Extra $7 Billion Investment
    Toyota’s new management said it would add billions of dollars in spending to reach electric-vehicle targets, as it seeks to make up lost ground.  ( 27 min )
    Dow Jones Reverses Lower On CPI Inflation Data; Airbnb Plunges 14% On Earnings
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    European Swedish Orphan Biovitrum To Acquire CTI BioPharma For $1.7B
    Swedish Orphan Biovitrum AB (OTC: BIOVF) has agreed to acquire CTI BioPharma (NASDAQ: CTIC) for $9.10 per share of common stock in an all-cash transaction, representing an implied equity value of approximately $1.7 billion. The transaction price represents an 89% premium to CTI's closing share price on May 9, 2023, and a 95% premium to its 30-trading day volume-weighted average price of $4.67. The transaction will diversify Sobi's portfolio of hematology medicines through CTI's lead product, Von  ( 39 min )
    Airbnb stock falls 14% after company forecasts revenue slowdown
    Airbnb told investors the second quarter is turning out to be a "tougher comp" for the company, spooking markets early Wednesday.  ( 40 min )
    Roblox Losses Widen. It’s Looking to Get Costs Under Control.
    The videogame platform reports a first-quarter loss that was wider than a year earlier and wider than analysts expected.  ( 25 min )
    Reata Pharma Tumbles After Scrapping Its Kidney Drug As Earnings Come In Mixed
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    ‘Shocking Deterioration’: Bud Light Sales Hit Hard in April Amid Dylan Mulvaney Controversy — Here Are 2 Stocks That Are Poised to Benefit
    No matter what your personal view is on celebrity endorsements, there’s no denying that their support can significantly boost the visibility of a product. That is the point after all in getting a well-known figure in some promotional activities. But what happens when the chosen celebrity happens to be the wrong fit? Well, Anheuser-Busch can tell you all about that. The Bud Light-owner decided to run a promotional push for the beer by bringing on board transgender ‘influencer’ Dylan Mulvaney, who  ( 41 min )
    Teva Pharma Crumbles After First-Quarter Earnings Miss, Flat Sales
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    EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say
    EU antitrust regulators are set to approve Microsoft Corp's $69 billion acquisition of Activision next week, with May 15 as the likeliest date, people familiar with the matter said. The European Commission's imminent clearance comes nearly three weeks after the UK competition authority blocked the deal, the biggest-ever deal in gaming, over concerns it would hinder competition in cloud gaming. The EU antitrust enforcer is expected to clear the acquisition after Microsoft agreed to licensing deals with cloud streaming rivals including Nvidia, Ukraine's Boosteroid and Japan's Ubitus, other people with direct knowledge of the matter told Reuters in March.  ( 38 min )
    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
    Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a … Continue reading → The post Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market? appeared first on SmartAsset Blog.  ( 41 min )
    Schwab: Do To Potentially Double Your Retirement Savings
    After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.  ( 39 min )
    How Can I Make the Most Money Off a $40,000 Investment?
    If you came into an extra $40,000, how would you use it? It might be tempting to put that money into something instantly gratifying, like a vacation. But for some, it may be wiser to use those funds to invest … Continue reading → The post How to Invest $40,000: 7 Smart Investments appeared first on SmartAsset Blog.  ( 43 min )
    Paramount didn't follow Warren Buffett's advice: Morning Brief
    It may be a short time in this one media stock for the Oracle of Omaha.  ( 40 min )
    Do You & Your Partner Have Above Average Retirement Savings For Your Age?
    A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 40 min )
    US April CPI rise gives Fed little room for pivot soon
    U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring that the Federal Reserve keeps interest rates elevated for a while. The Consumer Price Index (CPI) rose 0.4% last month after gaining 0.1% in March, the Labor Department said on Wednesday. In the 12 months through April, the CPI increased 4.9% after advancing 5.0% on a year-on-year basis in March.  ( 38 min )
    Inflation: Consumer prices in April rise at slowest annual rate in 2 years
    A closely-watched report on US inflation showed that consumer prices remained elevated last month, but cooled slightly compared to March's annual gain.  ( 37 min )
    Ford Introduces a New Gas-Powered Truck Aimed at Global Dominance
    The all-new Ranger pickup will help Ford extend its leadership in the lucrative truck segment around the world.  ( 22 min )
    Twilio Stock Sinks. Guidance Is ‘Tough Pill to Swallow.’
    Twilio expects second-quarter revenue of between $980 million and $990 million, which is below analysts' expectations.  ( 22 min )
    Icahn Enterprises shares slide on surprise quarterly loss
    Carl Icahn's investment firm Icahn Enterprises LP on Wednesday reported a quarterly loss as volatility in markets hit investment returns. Net loss attributable to Icahn Enterprises was $270 million, or 75 cents per depositary unit, for the quarter ended March 31, compared with a profit of $323 million, or $1.06 per depositary unit, a year earlier.  ( 38 min )
    Is Tesla Stock A Buy Or A Sell Right Now With This Biden Law An 'Insurance Policy' For Investors
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    AI lending firm Upstart jumps as $2 billion funding squeezes bears
    The San Mateo, California-based company, which uses AI to verify and process loans quickly, said it would receive the capital from new and existing partners over the next 12 months, helping the firm navigate an economic slowdown. A sharp drop in demand for new loans because of high interest rates and fears of a slowdown has hammered shares of Upstart, erasing 82% of their value in the past 12 months.  ( 39 min )
    Lululemon, A Warren Buffett Favorite, Expected To See Profits Soar 100%
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    8 'Pure' Growth Stocks Are Stealthily Making Investors Rich Fast
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    Stock futures edge down as key CPI data looms: Stock market news today
    Wednesday's CPI report is  ( 40 min )
    Analyst Report: Parker-Hannifin Corp.
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    Analyst Report: PayPal Holdings Inc
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    Analyst Report: Ashland Global Holdings Inc
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    Analyst Report: Unilever PLC
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    Daily Spotlight: Values in Financials, IT, Industrials
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    Technical Assessment: Bearish in the Intermediate-Term
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    CTI BioPharma Stock Soars After Agreeing to $1.7 Billion Sale. Biotech Deals Keep Coming.
    Swedish Orphan Biovitrum will buy CTI for $9.10 a share as it looks to expand its rare hematology portfolio.  ( 22 min )
    Financial Advisors Reveal How Investors Should Prepare for Potential U.S. Debt Default – 2023 Survey
    If Congress doesn't opt to raise or extend the nation's debt limit, the United States may run out of the money needed to pay its bills. With this deadline approaching as early as June 1, SmartAsset asked financial advisors what they think … Continue reading → The post Financial Advisors Reveal How Investors Should Prepare for Potential U.S. Debt Default – 2023 Survey appeared first on SmartAsset Blog.  ( 39 min )
    Daily – Vickers Top Buyers & Sellers for 05/10/2023
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    Daily – Vickers Top Insider Picks for 05/10/2023
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    $10.6 Billion Lithium Deal to Create World’s No. 3 Producer
    (Bloomberg) -- Allkem Ltd. will combine with fellow lithium producer Livent Corp. to create a company with a valuation of $10.6 billion, the latest deal in a sector that’s benefiting from surging EV demand.Most Read from BloombergItaly Intends to Exit China Belt and Road Pact as Ties SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGeorge Santos Faces Cr  ( 40 min )
    US airlines thrown a curveball as consumer habits change post-pandemic
    Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to guess at what is the "new normal" as they seek to adjust by cutting flights, revamping networks and packing even more passengers into planes. Citi analyst Stephen Trent said. Travel demand has also softened on days in the middle of the week, but has strengthened on peak days.  ( 40 min )
    Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
    Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 billion of debt owed by the OPEC member by the end of 2025, four people close to the matter said. Washington in November issued a six-month, automatically renewing license to the U.S. oil company to revive largely dormant operations in Venezuela and resume crude exports to the U.S. under an exemption to sanctions on the South American country. To back up its license application, Chevron last year signed an oil-for-debt swap with Venezuela's state-run PDVSA.  ( 40 min )
    UPDATE 2-Australia's Allkem, Livent to merge into $10.6 bln lithium giant
    Australian lithium miner Allkem Ltd has inked an agreement to acquire U.S.-based chemical manufacturing firm Livent Corp in a deal that will create a $10.6 billion entity, the two companies announced on Wednesday. Following the transaction, Allkem will own 56% of the new firm, with the remaining stake going to Livent. Allkem shareholders are set to receive the right to one share of a new public holding company for each existing Allkem share, while Livent shareholders will receive 2.406 shares in the new firm for each existing Livent share.  ( 39 min )
    Upstart Stock Soars. The Beaten-Down AI Company Delivers an Outlook Surprise.
    Upstart forecasts revenue and adjusted earnings for the second quarter ahead of analysts' expectations. The company also says it secured long-term funding agreements.  ( 22 min )
    China Names Li Top Financial Regulator in Surprise Move
    (Bloomberg) -- China picked a little-known local government official as the nation’s top regulator overseeing the $61 trillion financial sector, in a surprise move after President Xi Jinping unveiled the biggest overhaul of the nation’s bureaucracy in decades.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionItaly Intends to Exit China  ( 39 min )
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    Upstart stock surges after an upbeat outlook and progress on funding, Twilio's revenue forecast misses analysts' expectations, and Airbnb tumbles on cautious second-quarter guidance.  ( 23 min )
    Sweden’s Sobi to Buy CTI Biopharma for $1.7 Billion
    (Bloomberg) -- Swedish Orphan Biovitrum AB has agreed to buy bio-pharmaceutical company CTI BioPharma Corp. in a deal valued at $1.7 billion.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos Faces Criminal Charges by US Justice DepartmentSobi will acquire all  ( 39 min )
    China and US debt woes may dominate G7 finance chiefs' talks
    China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country -- but also try to get Beijing's cooperation in solving global debt problems. The conflicting goals come on top of vulnerabilities the G7 rich democracies face due to their heavily reliance on China, which is the world's second-largest economy and the second biggest external holder of U.S. debt. The heightening risk of a U.S. debt default, which could jolt financial markets already jittery after recent bank failures, will overshadow the three-day meeting kicking off on Thursday in the Japanese city of Niigata.  ( 39 min )
    Worried About the Debt Ceiling? Three Ways to Protect Your Portfolio
    History shows that utilities and other defensive sectors fare best. And investors can scoop up attractive yields on short-term Treasuries.  ( 22 min )
    Stocks will drop as the economy is either about to enter a recession or the Fed is poised to keep rates higher for longer, Morgan Stanley CIO says
    Morgan Stanley has previously warned of the worst earnings recession since 2008 to hit stocks, which could send the S&P 500 tumbling by mid-year.  ( 39 min )
    Alibaba, JD.com Earnings Will Likely Give Stocks Little Help
    (Bloomberg) -- Hopes for a much-needed boost in Chinese tech shares from earnings is likely to fizzle as signs grow that the the nation’s post Covid recovery is losing steam.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos Faces Criminal Charges by US Justic  ( 40 min )
    Oil falls on surprise increase to U.S. inventories
    Oil prices fell on Wednesday, ending a three-day rally, as an unexpected rise in U.S. oil inventories sparked demand concerns and investors awaited U.S. inflation data to gauge the next rate decision in the top oil consuming nation. Brent crude dropped 69 cents, or 0.9%, to $76.75 a barrel at 0643 GMT, while U.S. West Texas Intermediate (WTI) crude fell 67 cents, or 0.9%, to $73.04. In a possible sign of weakening demand, U.S. crude inventories rose by about 3.6 million barrels in the week ended May 5, while gasoline stockpiles rose by 399,000 barrels, the American Petroleum Institute reported on Tuesday according to market sources.  ( 39 min )
    Coupang’s Sales Beat Estimates After Big Spending Pays Off
    (Bloomberg) -- Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported better-than-expected revenue growth after spending to expand and lock in customer demand during an online shopping slowdown. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollItaly Intends to Exit China Belt and Road Pact as Relations SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeti  ( 40 min )
  • Open

    Drukte op vliegvelden groter dan voor corona, maar niet op Schiphol
    Drie van de vijf grootste vliegvelden in Nederland hebben vorig kwartaal meer reizigers dan voor de coronacrisis verwerkt, maar dat gold niet voor Schiphol. Daar bleven de aantallen achter doordat moest worden gesneden in het aantal vluchten vanwege personeelstekorten. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    2,2 miljoen Nederlanders werden vorig jaar slachtoffer van online criminaliteit
    Vorig jaar zijn 2,2 miljoen Nederlanders het slachtoffer geworden van online criminaliteit, meldt Statistiekbureau CBS donderdag. Oplichting en fraude kwamen het vaakst voor. Maar er werden ook veel mensen het slachtoffer van hacken, bedreiging en intimidatie.  ( 3 min )
    Flitsbezorgers zijn in Amsterdam alleen nog welkom op bedrijventerreinen
    Flitsbezorgers mogen zich in Amsterdam alleen nog maar vestigen op bedrijventerreinen en niet meer in woongebieden. De gemeenteraad stemde woensdag in met een bestemmingsplan daarover.  ( 4 min )
    Starter wint terrein op huizenmarkt doordat belegger zich terugtrekt
    Starters kochten in de eerste drie maanden van dit jaar meer woningen dan een jaar eerder. Vooral in de grote steden wisten jonge huizenkopers terrein te winnen. Dat blijkt uit cijfers van het Kadaster.  ( 5 min )
    Voor het eerst een vouwbare telefoon van Google: de Pixel Fold
    Google heeft woensdag voor het eerst een eigen vouwbare telefoon gepresenteerd. De Pixel Fold vouwt open als een boek en kost 1.899 euro. Ook de smartphone Pixel 7A werd gepresenteerd.  ( 5 min )
    Google kondigt grootse plannen aan voor AI in de zoekmachine
    Google heeft woensdag eindelijk bekendgemaakt welke plannen het bedrijf heeft met kunstmatige intelligentie (AI). Zo komen er grote veranderingen voor de zoekmachine, wordt de chatbot Bard beschikbaar voor iedereen en krijgen bestaande diensten zoals Gmail en Maps nieuwe AI-functies.  ( 4 min )
    Uitstel bijna gratis kinderopvang leidt volgens minister niet tot afstel
    De plannen van het kabinet voor een nieuw systeem voor bijna gratis kinderopvang zullen niet veranderen, ook al wordt de invoer ervan met twee jaar uitgesteld. Ook betekent het geen afstel. Dat drukte minister Karien van Gennip (Sociale Zaken) bezorgde Kamerleden woensdag op het hart tijdens een Kamerdebat.  ( 3 min )
    Stapje dichter bij Europese AI-wet, akkoord komt pas in 2024
    Hoe houden we kunstmatige intelligentie (AI) onder controle? In Brussel wordt al twee jaar gewerkt aan regels die het gebruik van AI in goede banen moeten leiden. Maar het duurt nog even voordat de richtlijnen er zijn, terwijl de ontwikkelingen elkaar in rap tempo opvolgen.  ( 7 min )
    Heineken ontloopt dwangsom voor blikjes zonder statiegeld
    Heineken kreeg vorige maand een dwangsom opgelegd omdat het nog blikjes produceerde zonder statiegeld erop. Maar omdat de bierbrouwer zijn productieproces snel aanpaste, hoeft het die dwangsom niet te betalen, meldt inspectiedienst ILT.  ( 3 min )
    Eierkartel aangepakt: boeren kregen te weinig door prijsafspraken inkopers
    Drie bedrijven die eiproducten produceren maakten verboden prijsafspraken en kochten zo hun eieren jarenlang extra goedkoop in. Daar zijn kippenboeren de dupe van geweest. De inkopers krijgen nu boetes van toezichthouder ACM (Autoriteit Consument & Markt).  ( 3 min )
    Slapen in een echt bed bij vluchten van Nieuw-Zeelandse luchtvaartmaatschappij
    Vanaf september 2024 is het mogelijk om in een echt bed te slapen tijdens een lange vliegreis. Luchtvaartmaatschappij Air New Zealand biedt volgend jaar stapelbedden aan waarin passagiers een gedeelte van de vlucht kunnen slapen.  ( 3 min )
    Recordwinst voor Amerikaanse banken ondanks onrust en faillissementen
    Amerikaanse banken hebben in de eerste drie maanden van dit jaar samen 80 miljard dollar (73 miljard euro) winst gemaakt. Dat is een derde meer dan vorig jaar en tevens een record. Dat terwijl er veel onrust in de sector was en inmiddels zelfs drie banken zijn omgevallen.  ( 4 min )
    Aantal aangetroffen websites met ernstig kindermisbruik in twee jaar verdubbeld
    Onderzoekers hebben vorig jaar 51.369 websites met de ernstigste vorm van kindermisbruik gevonden. Dat is een verdubbeling in vergelijking met 2020. Bijna een derde van deze websites staat op Nederlandse servers.  ( 4 min )
    Supermarkten bijten van zich af: 'Er is absoluut geen sprake van graaiflatie'
    Albert Heijn-moederbedrijf Ahold Delhaize zal de prijzen van verschillende producten in de winkels in ons land zo snel mogelijk verlagen als dat mogelijk is. Dirk van den Broek heeft de prijzen van meer dan tweehonderd producten zelfs verlaagd en bevroren.  ( 5 min )
    EU-commissie maakte fouten bij goedkeuring geldinjectie Lufthansa
    De Europese Commissie heeft fouten gemaakt toen ze de financiële steun goedkeurde voor luchtvaartmaatschappij Lufthansa door de Duitse regering. Dat verklaart het Europees Hof van Justitie woensdag.  ( 3 min )
    Aantal aangetroffen websites met ernstig kindermisbruik in twee jaar tijd verdubbeld
    Onderzoekers hebben vorig jaar 51.369 websites met de ernstigste vorm van kindermisbruik gevonden. Dat is een verdubbeling in vergelijking met 2020. Bijna een derde van deze websites staat op Nederlandse servers.  ( 4 min )
    Ahold Delhaize verkoopt meer, maar heeft ook last van hoge kosten en stakingen
    Ahold Delhaize heeft de verkopen in het afgelopen kwartaal zien stijgen. Wel kampt het supermarktconcern met gestegen bedrijfskosten en stakingen.  ( 3 min )
    ABN AMRO boekt ondanks bankenonrust fors meer winst
    ABN AMRO heeft afgelopen kwartaal geen last gehad van de onrust op de financiële markten. De bank boekte in de eerste drie maanden van dit jaar een forse winst en profiteerde van de opgelopen rente. Daardoor lukte het hogere marges te pakken op spaargeld dat bij de bank werd gestald.  ( 3 min )
    Turken naar de stembus terwijl prijzen de pan uit rijzen
    Turkije maakt zich op voor mogelijk de cruciaalste verkiezingen sinds de stichting van de republiek honderd jaar geleden. Het land kampt ondertussen met een torenhoge inflatie en tegenvallende economische groei. Het is de vraag of het onorthodoxe beleid van de Turkse president Recep Tayyip Erdogan vruchten afwerpt.  ( 5 min )
  • Open

    Shares in Icahn Enterprises Drop 20% After Federal Investigation Confirmed
    Icahn Enterprises confirmed federal investigation, sending shares down 20%  ( 1 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its latest update on consumer inflation and Google will introduce new artificial intelligence technology at its developer conference. Here’s what investors need to know today.  ( 1 min )
    Equities Fall With Focus on Inflation, Debt Ceiling
    Markets fell on May 9, 2023, as discussions over lifting the U.S. debt ceiling took place and ahead of fresh inflation numbers.  ( 1 min )
  • Open

    Top Cannabis Stocks for May 2023
    Cresco Labs, SNDL, and Green Thumb Industries top peers for best value, fastest growth, and best performance, respectively.  ( 1 min )

  • Open

    Earnings Before Interest and Taxes (EBIT): Formula and Example
    Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.  ( 25 min )
    Equities Fall With Focus on Inflation, Debt Ceiling
    Markets fell on May 9, 2023, as discussions over lifting the U.S. debt ceiling took place and ahead of fresh inflation numbers.  ( 16 min )
    Dow Jones Today: Index Falls Ahead of Inflation Report
    Intel leads the Dow lower with layoff announcements, but Boeing’s big deal provides promise for more production from the aircraft maker.  ( 17 min )
    Top CD Rates Today, May 9
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Homebuyers' Confidence Improved in April by the Most in Two Years
    American homebuyer confidence rose by the most in two years this April, according to Fannie Mae data, as many would-be buyers expect mortgage rates to decline over the next year.  ( 17 min )
    Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
    Goldman Sachs, Deloitte, Cboe Global Markets, Microsoft (MSFT) and fintech firm Digital Asset have teamed up to create a blockchain network for institutional crypto assets.  ( 17 min )
    Today's Mortgage Rates & Trends - May 9, 2023: Rates Climb
    Most mortgage averages moved moderately higher, with the 30-year average again flirting with the 7% threshold, and jumbo 30-year rates jumping to a 12-year peak.  ( 19 min )
    Fully Indexed Interest Rate Definition
    A fully indexed interest rate is defined as an adjustable interest rate which is pegged at a set margin above some reference rate, such as LIBOR.  ( 20 min )
    How Do I Calculate Convexity in Excel?
    Learn how to approximate the effective convexity of bonds using Microsoft Excel with a modified and simpler version of the standard convexity formula.  ( 18 min )
    Bittrex Files for Bankruptcy After Ending US Operations
    Crypto exchange seeks Chapter 11 protection after losing half its active users in wake of shutdown of U.S. operations.  ( 17 min )
    SEC Form DEFM14A
    SEC Form DEFM14A is a form filed with the SEC by a registrant when a shareholder vote is required on an issue related to a merger or acquisition.  ( 19 min )
    Transfer Agents: Definition, What They Do, Example, Benefits
    A transfer agent keeps records of who owns a publicly traded company's stocks and bonds. They also ensure investors receive dividends on time.  ( 24 min )
    Why Do Brokers Ask for Personal Information?
    There are three legally mandated reasons why a broker needs your personal information: suitability, record-keeping, and AML regulation.  ( 22 min )
    Sam Bankman-Fried Says He's Painted "Villain" Amid FTX-Government Collusion
    Sam Bankman Fried urged a U.S. district court in Manhattan to dismiss charges against him, alleging that FTX debtors are working with the U.S. government against him.  ( 16 min )
    Intermarket Spread Definition
    An intermarket spread involves purchasing long futures in one market and selling short futures of a related commodity with the same expiration.  ( 19 min )
    5 Vital Questions Advisors Should Ask New Clients
    By asking the right questions, listening, and building trust, investors and their financial advisors can get the most out of their relationship.  ( 21 min )
    DPPs: What Advisors and Investors Need to Know
    Direct participation programs, a new alternative investment class, are gaining steam. Here's what advisors and investors need to know.  ( 19 min )
    Form 4506, Request for Copy of Tax Return: Definition and Filing
    Form 4506 is an IRS document that is used to request exact copies of prior years' tax returns.  ( 25 min )
    How Do I Use the Rule of 72 to Calculate Continuous Compounding?
    The rule of 72 is a mathematical shortcut used to predict when a population, investment, or other category will double in size for a given rate of growth.  ( 20 min )
    When to Declare Bankruptcy
    Filing for bankruptcy may not be ideal, but it's sometimes the best option when you have unmanageable debt. Learn how bankruptcy works and when to declare bankruptcy.  ( 27 min )
    How to Join a Credit Union
    Unlike banks, credit unions often have membership criteria. Find out how to determine whether a credit union would be a good fit for you and what it takes to join one.  ( 23 min )
    How to Choose the Right Real Estate Broker
    Buying or selling a home can be the most major financial transaction of your life. Here's how to choose the right real estate broker or agent.  ( 25 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 22 min )
    Fabless Company Definition
    "Fabless company” refers to a company that designs and markets hardware while outsourcing the manufacturing of that hardware to a third-party partner.  ( 19 min )
    What Is a Deductible in Car Insurance?
    A deductible is what you pay before a car insurance company provides coverage for damage or loss. Learn how deductibles in car insurance work.  ( 22 min )
    Comptroller General Definition
    The Comptroller General is a high-ranking accounting position in the U.S. government who sets and oversees accounting policy.  ( 19 min )
    Top Dividend Stocks for May 2023
    These are the Russell 3000 stocks with the highest forward dividend yield for May.  ( 23 min )
    5 Things to Know Before Markets Open
    President Biden will meet with Congressional leaders to try and resolve raising the nation's debt limit to avoid default. Here’s what investors need to know today.  ( 17 min )
    How To Get a Job at the SEC
    Want to make a good living taking on those renegade trading rascals on Wall Street? Here are some tips to help you get in the door at the SEC.  ( 23 min )
    Facebook’s Advantage Over Other Social Media
    Discover the elements that define Facebook, whose over 2 billion monthly active users cement the company as the world's top social media outlet.  ( 21 min )
  • Open

    Treasury debt advisers warn of 'seismic' impact from U.S. debt payment delays
    WASHINGTON (Reuters) -Wall Street executives who have advised the U.S. Treasury's debt operations for the past 25 years warned on Tuesday they are "deeply concerned" about the debt limit impasse that has markets worried about a U.S. default on payment obligations. The 18 current and former chairs and vice chairs of the Treasury Borrowing Advisory Committee (TBAC) since 1998 said in a letter to Treasury Secretary Janet Yellen, "Any delay in making an interest or principal payment by Treasury would be an event of seismic proportions, not only for financial markets but also the real economy." The advisers said the standoff between Republicans and Democrats in Congress and the White House has already raised taxpayer borrowing costs through weak Treasury auctions and high yields for short-dated Treasury Bills, while ratings agencies are already publishing analyses of potential U.S. ratings downgrades.  ( 38 min )
    Plug Power's Andy Marsh focused on hitting $1.4 billion revenue goal this year
    "This year, our focus really is to execute," Plug Power chief executive Andy Marsh told analysts Tuesday. "Our primary goal is to achieve revenue of $1.4 billion."  ( 14 min )
    Affirm Beats Expectations. Shares Still Tumble.
    The 'buy now, pay later' company posted a loss of $205.7 million, or 69 cents a share, for the quarter, topping expectations by analysts surveyed by FactSet.  ( 25 min )
    Warren Buffett on pain in commercial real estate amid tightening credit: ‘Too bad’
    Bay Area bankers are pulling in the reins on lending, some even before the March 10th collapse of Silicon Valley Bank  ( 15 min )
    Li Auto Earnings: Fast-Growing Tesla Rival To Almost Double Revenue
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    Occidental Buys Back 6.5% of Warren Buffett’s Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. redeemed $647 million, or about 6.5%, of Berkshire Hathaway Inc.’s preferred stock as the oil company begins paying back Warren Buffett four years after he helped finance its acquisition of Anadarko Petroleum Corp. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Be  ( 39 min )
    Warren Buffett Stock Occidental Petroleum Misses Q1 Estimates As Profits Slide 48%
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    What's Going On With NVIDIA Stock Tuesday
    Nvidia Corp (NASDAQ: NVDA) shares are trading lower Tuesday as Advanced Micro Devices, Inc (NASDAQ: AMD) shared plans to showcase its growth strategy and expanding product portfolio and capabilities for data center and AI at a June 13 livestreaming event. AMD Chair and CEO Dr. Lisa Su will detail new products and momentum across data center, AI, adaptive, and high-performance computing solutions. Also, Monday reports suggested that U.S. sanctions compelled the Chinese firms, including Alibaba Gr  ( 38 min )
    Despite An Another Bad Update, Intel Still Believes It Can Uplevel Its Chip Game
    Just a few weeks after reporting its fifth consecutive quarter of falling sales and the second consecutive quarter of losses which was also the largest loss in its history, Intel Corporation (NASDAQ: INTC) is the latest to announce a new round of job cuts, joining Meta Platforms (NASDAQ: META), Alphabet Inc (NASDAQ: GOOG)(GOOGL) and other tech giants who took a hit to their bottom lines and also opted to trim their workforce in response to poor macroeconomic conditions. But, Intel still believes  ( 40 min )
    The Fed (Maybe) Finishes Hiking Rates
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    Dutch Bros 1Q Sales Surge 30%, Company Reaffirms 2023 Guidance
    By Exec Edge Editorial Staff Dutch Bros Inc. (NYSE: BROS) coffee chain reported a 30% rise in first quarter sales and reiterated its full-year guidance. Joth Ricci, Chief Executive Officer of Dutch Bros, stated, “We also saw meaningful margin expansion, driven by significant improvements in labor efficiency and G&A leverage. We doubled down in our […]  ( 38 min )
    Rivian’s Earnings Fell Short. The Stock Is Rising.
    Tuesday evening, Rivian reported a per-share loss of $1.77 from $661 million in sales. Wall Street was looking for a loss of $1.62 a share from about $664 million in sales.  ( 22 min )
    Akamai Stock Rises on Strong Results, as Security And Cloud Units Grow
    Akamai's first-quarter results topped guidance, and the second-quarter outlook topped previous Wall Street estimates.  ( 22 min )
    UPDATE 1-Occidental Petroleum misses quarterly profit estimates
    Oil and gas producer Occidental Petroleum Corp's first-quarter profit missed analysts' estimates on Tuesday, as oil prices eased amid concerns of a slowdown in global economic growth. Global oil prices pulled back during the reported quarter from the peaks reached last year following Russia's invasion of Ukraine. Brent crude averaged $81.24 a barrel in the first three months of 2023, 20% lower than year-ago levels as concerns rose over the health of the global economy amid the recent banking crisis in the U.S. and China's weaker-than-estimated economic recovery.  ( 38 min )
    Exact Sciences Posts Its 11th Consecutive Sales Beat As It Targets 'The Most Preventable' Cancer
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    Occidental Petroleum quarterly earnings down 48%, misses estimates
    Oil and gas producer Occidental Petroleum Corp's first-quarter profit missed analysts' estimates on Tuesday, as oil prices eased amid concerns of a slowdown in global economic growth The Houston-based company posted adjusted earnings of $1.09 per share for the quarter, compared with analysts' estimates of $1.24 per share, according to Refinitiv data.  ( 38 min )
    Stocks Will Rally If Inflation Data Is Soft, Goldman and JPMorgan Say
    (Bloomberg) -- In a market where conflicting views abound, two major Wall Street trading desks agree on one thing: US stocks will rally on any soft inflation print Wednesday that could pave the way for the Federal Reserve to halt its tightening campaign.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGoldman to Pay $215 Million to End Case on Underpaying WomenTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollItaly Intends to Exit China Belt and Road  ( 40 min )
    Rivian quarterly revenue beats estimates on higher-priced EV sales
    The company expects production ramp up of its in-house Enduro powertrains to help offset parts supply issues in the second half of the year, enabling it to meet its smaller-than-estimated target of manufacturing 50,000 units. Tesla Inc has cut prices globally this year as part of its recession playbook to increase sales volumes, pressuring smaller EV players that started deliveries just about a year ago. Amazon-backed Rivian said in March it would sell $1.3 billion in convertible green bonds due in 2029 to shore up its cash balance.  ( 38 min )
    Airbnb earnings: Stock tanks 9% after bookings miss
    Airbnb is set to report earnings Tuesday.  ( 39 min )
    Shaq tries to dismiss FTX lawsuit, saying he was inadequately served court papers because they were 'tossed' at his moving car
    The basketball star was served last month after a three-month chase, according to tweets from the law firm involved in the case.  ( 38 min )
    What's Going On With AMD Stock Tuesday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading lower Tuesday as it shared plans to showcase its growth strategy and expand product portfolio and capabilities for data center and AI at a June 13 livestream event. AMD Chair and CEO Dr. Lisa Su will join other AMD executives and key customers to detail new products and momentum across data center, AI, adaptive, and high-performance computing solutions. Recent reports claimed Microsoft Corp (NASDAQ: MSFT) denied a partnership with the  ( 38 min )
    Dow Jones Flat As McCarthy Makes Debt Ceiling Pledge. Palantir Stock Rockets On AI Claim.
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    PayPal tumbles 12%, eyes lowest close since 2017
    The stock, last trading at $66.45, was set to record its lowest closing price since October 2017. PayPal late on Monday estimated adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of 125-basis-point growth. PayPal said in January it was cutting 7% of its workforce, or about 2,000 employees, joining several technology companies that have eliminated thousands of jobs this year.  ( 38 min )
    AMD Shares Attract Big Money Support
    Advanced Micro Devices, Inc. (AMD) keep pressing higher in 2023, jumping 47%. One chart tells the story: big appetite for the shares.  ( 39 min )
    Judge dismisses lawsuit over Block's 'terrible' purchase of Jay-Z's Tidal
    A Delaware judge on Tuesday dismissed a shareholder class action seeking to hold Jack Dorsey and other board members at Block Inc liable for approving the payments company's purchase of Jay-Z's streaming service Tidal. Chancellor Kathaleen McCormick in Delaware Chancery Court said the Florida pension fund leading the case did not show that Block's directors acted in bad faith though the purchase it "seemed, by all accounts, a terrible business decision." Once known as Square, Block agreed in March 2021 to pay $306 million for an 87.5% stake in Tidal.  ( 39 min )
    Quiet quitting hits the housing market: Tight inventory and still-high mortgage rates keep would-be buyers sidelined
    Insider's Phil Rosen dives into the housing market and what declining new home listing means for buyers and sellers.  ( 39 min )
    Load up on Treasury bills for their juicy yields because the debt-limit standoff will likely be resolved, billionaire bond king Bill Gross says
    Yields on one- and two-month US Treasurys have spiked recently, with Congress struggling to end the debt-ceiling deadlock.  ( 38 min )
    The 60/40 Portfolio: Alive, Dead or Somewhere In Between?
    The 60/40 portfolio is a staple among savvy investors. Made up of 60% stocks and 40% bonds, it tends to deliver solid returns while attenuating risk. But after the 60/40 portfolio's dismal 2022 returns, investors can't be blamed if they're … Continue reading → The post The 60/40 Portfolio: Alive, Dead or Somewhere In Between? appeared first on SmartAsset Blog.  ( 39 min )
    Analyst Report: Carrier Global Corp
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    Analyst Report: CVS Health Corp
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    Analyst Report: Hartford Finl Servs Grp Inc
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    Analyst Report: Weyerhaeuser Co.
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    Analyst Report: Aptiv PLC
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    Analyst Report: Gentherm Inc
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    PayPal Stock Is Sliding. Why Analysts Are Sticking With the Company After Earnings.
    The payments company expects Braintree, its unbranded payment-processing business, to drive more growth.  ( 22 min )
    Market Update: THRM, CVS, HIG, PWR, WDC, WY, APTV, CARR
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    Oil Pares Losses After US Cancels SPR Sales, Plans Replenishment
    (Bloomberg) -- Oil pared losses after the Biden administration announced it was canceling some 140 million barrels of previously mandated sales and would begin replenishing strategic reserves later this year.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGoldman to Pay $215 Million to End Case on Underpaying WomenItaly Intends to Exit China Belt and Road Pact as Relations SourWorld’s Biggest Pulp Producer Considers Trading With China in YuanStocks Bogged Do  ( 38 min )
    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
    How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with the IRS. But even … Continue reading → The post Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?' appeared first on SmartAsset Blog.  ( 41 min )
    PayPal, IBM turn to A.I. to cut costs
    PayPal’s A.I. pitch hits at the core of the current moment in the tech industry, with layoffs mounting and one of the sector’s largest players, Meta Platforms, touting a "Year of Efficiency.”  ( 40 min )
    PayPal Stock Falls on Disappointing Margin Outlook
    PayPal stock, down more than 11% in midday trading, was weighing on the Nasdaq Composite Tuesday. PayPal (ticker: PYPL) reported first-quarter sales and earnings per share that beat expectations, but the company said that its profit margin will expand at a slower pace than previously expected. That  ( 22 min )
    Rivian’s Results Are Today. Expect the Stock to Move at Least 10%.
    Cash usage, production, and demand will be in focus. The first-quarter earnings season for electric-vehicle start-ups has been downbeat so far.  ( 22 min )
    Plug Power Posts Dismal Q1. High Hydrogen Costs Are To Blame.
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    Rivian earnings: Here’s what to expect after the bell
    Rivian will be the next pure-play electric vehicle maker on the earnings docket when it reports Q1 financial results after the bell on Tuesday. With rivals Lucid and Fisker weighing on the sector today, investors will be hoping Rivian can deliver some good news for the cash-intensive, and struggling sector.  ( 39 min )
    Amazon paying some customers $10 to pick up their purchase rather than have it delivered
    Online retailer looks to cut delivery costs.  ( 39 min )
    CPI preview: Inflation expected to remain elevated in April as rate hike risks loom
    Investors will turn their attention to critical data that will help determine the future of Federal Reserve policy: the April inflation report.  ( 39 min )
    Apple May Be Bigger But Aramco’s Soaring Dividend Is Unmatched
    (Bloomberg) -- Saudi Aramco already shells out a dividend that’s worth more than payouts from the next five largest global payers combined. That gap is now set to widen.The firm’s payouts to the Saudi government and other investors — $75.8 billion last year and the highest of any listed firm — could increase by more than $20 billion in 2023, according to Bloomberg Intelligence. That extra payout alone would be equivalent to Microsoft Corp.’s estimated annual dividend. And while Apple Inc. may be  ( 38 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take Advantage
    Not so long ago, those keeping a tab on the trends of the 21st century had touted data as ‘the new oil.’ But now, Elon Musk has presented an alternative perspective, stating that lithium batteries should be considered as ‘the new oil.’ In fact, taking the analogy to its logical conclusion, on Monday, Musk was in oil-rich Texas to break ground on a lithium refinery Tesla intends to construct in Corpus Christi. The EV leader plans on splashing out $375 million on the facility so it can produce mor  ( 42 min )
    Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments?
    Our investments were $450,000 and are now $250,000. How much do I lose before I cash in investments? -Liz I'm sorry that you've experienced such a significant financial loss. I know that can be stressful and scary as you wonder whether … Continue reading → The post Ask an Advisor: Our Investment Portfolio Fell From $450K to $250K. Should I Cash in My Investments? appeared first on SmartAsset Blog.  ( 40 min )
    Nikola Plans to Go in New Directions, but the Stock Is Going Down
    Nikola reported lower-than-expected sales, and the maker of electric and fuel-cell trucks announced a strategic change Tuesday morning.  ( 22 min )
    COVID-19 vaccine maker Novavax to chop workforce, expenses
    Novavax is cutting about a quarter of its workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue. The company said Tuesday that it expects to trim next year’s costs for research and development as well as selling, general and administrative expenses by about 40% to 50% compared to 2022. Novavax’s protein-based vaccine debuted long after alternatives from companies like Pfizer, Moderna and Johnson & Johnson had reached the market.  ( 39 min )
    Nikola cashes out European JV and refocuses on fuel cells at home
    Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain. The post Nikola cashes out European JV and refocuses on fuel cells at home appeared first on FreightWaves.  ( 40 min )
    Novavax Stock Catapults Higher As It Scraps 25% Of Its Workforce
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    These Are Wall Street’s Most Hated Stocks. Why You Should Love Them.
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    Markets brace for potential debt default as deadline looms
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    Plug Power Stock Drops as Hydrogen Prices Hit Results
    The hydrogen fuel-cell technology company lost 35 cents a share in the first quarter, while Wall Street had expected a loss of 26 cents.  ( 22 min )
    Nikola to pause truck production after posting bigger quarterly loss
    Investors have focused at cash reserves at Nikola and other EV makers amid fears that slowing sales could push the companies to pursue more share sales to raise funds. "At the end of May, we plan to pause truck production as we convert the line to accommodate both hydrogen fuel cell and battery electric trucks on the same line and will resume production in July with the first saleable hydrogen fuel cell trucks," Nikola said.  ( 38 min )
    EVgo Sales Grow Almost 230%. The Stock Drops Anyway.
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    16 Stocks Run Circles Around Warren Buffett Over The Long Haul
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    Under Armour Beat Earnings Estimates. Why the Stock Is Falling Anyway.
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    PacWest Resumes Selloff as Battered Regional Bank Stocks Slide
    (Bloomberg) -- PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank stock resumed its decline. Most Read from BloombergGoldman to Pay $215 Million to End Case on Underpaying WomenPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePolice Raid Consulting Firm as China Starts Anti-Spy CampaignVanguard’s Trillion-Dollar Man Leads a Fixed-Income R  ( 39 min )
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    Novavax Plans to Cut 25% of Staff. Here’s Why the Stock Is Rising.
    The Covid-19 vaccine manufacturer is aiming to sharply reduce costs as it hopes to bring new shots to the market.  ( 26 min )
    Tesla Breaks Ground on Texas Lithium Facility. Why It’s a Big Deal.
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    Fisker Stock Falls After Production Guidance Is Cut
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    Fisker cuts production forecast as challenges mount for EV startups
    The California-based company now expects between 32,000 and 36,000 units to be produced in 2023, compared with its previous target of 42,400 cars. For the second quarter, the company expects to produce between 1,400 and 1,700 vehicles.  ( 38 min )
    PacWest leads losses in regional bank stocks
    PacWest dropped 13.6%, a day after the Los Angeles-based lender's decision to cut its quarterly dividend failed to stem worries about its financial stability. The KBW Regional Banking Index had last week touched 30-month lows after the collapse of First Republic Bank and PacWest's decision to exploring strategic options. PacWest and Western Alliance, which have been at the heart of the banking selloff, saw the steepest decline in deposits in the first quarter after First Republic, according to S&P Global Market Intelligence data.  ( 39 min )
    Novavax lays off 25% of workforce, releases 2023 outlook
    The company, which had earlier flagged significant uncertainty around generating revenue for the year, said it expects total annual revenue between $1.4 billion and $1.6 billion, relying on a timely launch of its updated COVID shot. Separately, Novavax said its COVID/flu combination shot was safe and well-tolerated in a mid-stage study, sending shares of the company up 9% before the bell. Global regulators expect COVID vaccination campaigns to be conducted once a year, similar to annual flu inoculations.  ( 38 min )
    Daily – Vickers Top Insider Picks for 05/09/2023
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    PacWest Slashed Its Dividend. Other Regional Bank Payouts Look More Secure.
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    How Disney's and DeSantis' dueling lawsuits might play out
    Walt Disney Co and Florida Governor Ron DeSantis have been embroiled in an increasingly bitter dispute, starting when the company criticized a Florida law last year, which has led to dueling lawsuits. The entertainment giant sued the Republican governor on April 26 in federal court, claiming he was "weaponizing" state government in retaliation for the company's criticism of a law that banned classroom discussion of sexuality and gender identity with younger children. The company alleged DeSantis rallied the Republican-controlled legislature to strike back at "woke Disney" and seize control of an administrative district, created in 1967, that helped Disney develop theme parks and resorts.  ( 40 min )
    UPDATE 3-Iveco to fully own venture with Nikola on electric, hydrogen trucks
    Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops battery electric and fuel cell heavy-duty trucks, the Italian truck maker said on Tuesday. With the move, Iveco loosens ties with troubled Nikola, after forming the joint venture in 2019 to help the Italian group, then part of CNH Industrial and a latecomer to electrification, catch up with large European rivals such as Daimler Truck and Volvo.  ( 39 min )
    PayPal Stock Falls. Its Operating Margin Growth Outlook Disappoints.
    CEO Dan Schulman said the company could see high-single-digit revenue growth.  ( 22 min )
    Futures on shaky ground after disappointing earnings forecasts
    Chip gear maker Skyworks Solutions Inc's shares tumbled 9.8% in premarket trading after projecting its current-quarter revenue and earnings short of estimates. Investors were hopeful of Skyworks' earnings following Apple Inc's strong quarterly showing on Thursday, but global smartphone sales have been suffering from weak demand. Shares of other Apple suppliers including Qualcomm and Qorvo fell 0.5% and 1.6%, respectively.  ( 39 min )
    Palantir Earnings Sent the Stock Soaring. Why Analysts Aren’t So Excited.
    The technology company's shares were set to rise almost 20% on Tuesday but Wall Street analysts see reason for caution.  ( 22 min )
    Winter gas prices 'to almost treble' as Putin's energy war intensifies - latest updates
    House prices fell 0.3pc in April, following a 0.8pc rise in March, according to a mortgage lender Halifax.  ( 37 min )
    OPEC+ Cuts Spark 75% Rout in Oil Supertanker Rates After Boom
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    China’s Speculative Stock Frenzy Spreads to Brokers and Media
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    UBS to take in Credit Suisse CEO as merger closes in 2 weeks
    UBS said Tuesday it's bringing the CEO of Credit Suisse on to its executive board and will keep the two banks operating separately “for the foreseeable future” as it moves forward with a high-profile merger expected to close within two weeks. The two Zurich-based banks, longtime rivals, are uniting in a $3.25 billion deal hastily arranged in March by Swiss government officials and regulators after Credit Suisse’s stock plunged and jittery depositors quickly pulled out their money. “This is a pivotal moment for UBS, Credit Suisse and the entire banking industry," said UBS CEO Sergio Ermotti, who was brought back to the bank to help see the deal through.  ( 39 min )
    Warren Buffett and Charlie Munger sound off on banks, rule out Occidental takeover, and warn on AI. Here are 10 highlights from Berkshire Hathaway's annual meeting
    Buffett and Munger are wary of owning bank stocks, predict pain in commercial real estate, and don't plan to acquire Occidental Petroleum.  ( 42 min )
    What the Debt Ceiling Means for Money-Market Funds
    The funds aren’t completely risk-free right now because Congress hasn’t raised or suspended the nation's roughly $31 trillion debt ceiling.  ( 22 min )
    China's shrinking imports, slower exports growth darken economic outlook
    China's imports contracted sharply in April, while exports grew at a slower pace, reinforcing signs of feeble domestic demand despite the lifting of COVID curbs and heaping pressure on an economy already struggling in the face of cooling global growth. Government officials have repeatedly warned of a "severe" and "complicated" external environment in the wake of mounting recession risks for many of China's key trading partners. Analysts say cooling global growth pointed to a longer road to recovery for the Asian giant after Beijing abruptly ended tough COVID curbs in December.  ( 38 min )
    T-bills hit by US debt ceiling worries, stocks slip ahead of CPI
    NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday after weak Chinese trade data sparked concerns about China's domestic demand recovery, while the impasse over the U.S. debt ceiling sparked a sharp sell-off in short-dated Treasury bills. A resumption of a slide in shares of regional banks sent the major stock indexes on Wall Street lower as markets await a meeting between President Joe Biden and top Republican lawmakers about raising the $31.4 trillion debt ceiling later in the day. Investors fear a government default if Congress fails to resolve the debt ceiling deadlock as early as June 1.  ( 40 min )
    Five ways the rich save big on estate taxes, from putting houses in trusts to buying offshore life insurance
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    Indicted FTX founder Bankman-Fried urges court to toss charges
    NEW YORK (Reuters) -Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday asked a U.S. judge to throw out criminal charges against him over the now-bankrupt FTX's collapse. In a filing in Manhattan federal court, Bankman-Fried's lawyers said several of the charges failed to properly state an offense. Bankman-Fried, a 31-year-old former billionaire, has largely been confined to his parents' home since his December arrest in the Bahamas, where he had lived and where FTX was based.  ( 38 min )
    Schwab Began Hedging Interest-Rate Risk With About $3.9 Billion in Derivatives
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    Nobel economist Paul Krugman says the possibility of a US default is very real, and the debt ceiling should be abolished as it gives extremists an issue to 'weaponize'
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    Palantir Gains After Posting Rosy Forecast, Touting Demand for AI Tools
    (Bloomberg) -- Palantir Technologies Inc. expects to be profitable every quarter this year and described demand for its new artificial intelligence products as “without precedent.” The stock climbed as much as 20% in the first minutes of extended trading Monday.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffWhy Airfares, Hotels and Cars Are Getting So Expensive for America  ( 40 min )
    ‘Time to Buy,’ Says J.P. Morgan About These Top Aluminum Stocks
    Despite the strong jobs numbers for April, the overall economic outlook heading toward the second half of the year remains grim. Against a backdrop of elevated interest rates and recent bank failures, the odds of a recession hitting later this year are up to 64%. It’s an environment almost tailor-made to keep investors nervous – and looking for ‘recession proof’ sectors. In a recent report from JPMorgan, analyst Bill Peterson sees just such an opening in the aluminum sector. Peterson has taken a  ( 42 min )
  • Open

    Nederland telt voor het eerst meer webshops dan fysieke winkels
    Het aantal webshops is voor het eerst groter dan het aantal reguliere winkels. De laatste jaren zijn er steeds meer online winkels bij gekomen, waardoor er in Nederland nu ruim 84.000 zijn. Dat zijn er 2.000 meer dan bakstenen winkels, blijkt uit cijfers van statistiekbureau CBS.  ( 4 min )
    Philips-top onder vuur, beleggers niet blij met beleid
    De aandeelhouders van Philips zijn niet blij met de manier waarop het medisch technologiebedrijf vorig jaar gerund werd. Tijdens de jaarvergadering stemde een grote meerderheid tegen het verlenen van decharge. Dat betekent dat de aandeelhouders de bestuurders verantwoordelijk houden voor het beleid dat vorig jaar gevoerd werd.  ( 3 min )
    Ryanair plaatst megaorder bij Boeing voor driehonderd nieuwe vliegtuigen
    Budgetvlieger Ryanair heeft bij Boeing 150 vliegtuigen besteld, met een aanvullende optie voor nog eens 150 toestellen. Het is de grootste order die Ryanair ooit heeft geplaatst.  ( 3 min )
    Albert Heijn en personeel akkoord over 10 procent meer loon na lange stakingen
    De drieduizend werknemers in de distributiecentra van Albert Heijn krijgen een loonsverhoging van 10 procent. Na dagenlange stakingen zijn de supermarktketen en de vakbonden dinsdag tot een nieuwe cao gekomen.  ( 3 min )
    VDL-directie geeft geen gehoor, dus staakt personeel autofabriek nog twee dagen
    Autofabriek VDL Nedcar in Born ligt ook woensdag en donderdag stil. Het personeel zal nog eens twee dagen staken, omdat de vakbonden nog geen reactie van de bedrijfsdirectie hebben gekregen.  ( 3 min )
    Glaasje minder op Britse werkborrel zou verstandig zijn, stellen onderzoekers
    Personeel van Britse bedrijven zou op feestjes en borrels minder alcohol moeten drinken. Dit moet ongepast gedrag en intimidatie bij zulke bijeenkomsten voorkomen, schrijft BBC News op basis van een onderzoek.  ( 3 min )
    Goldman Sachs keert 215 miljoen uit aan vrouwen die te weinig betaald kregen
    De Amerikaanse zakenbank Goldman Sachs heeft in een langlopende rechtszaak over de ongelijke betaling van mannen en vrouwen een schikking van 215 miljoen dollar (196 miljoen euro) getroffen. Maar liefst 2.800 vrouwelijke medewerkers hadden een zaak aangespannen vanwege systematische onderbetaling.  ( 3 min )
    Woningbouwvereniging betaalt losgeld aan cybercriminelen na aanval
    Woonkracht10 heeft cybercriminelen losgeld betaald na een aanval die eind april plaatsvond. De Zwijndrechtse woningcorporatie heeft afspraken gemaakt met de aanvallers om te zorgen dat ze gestolen data verwijderen.  ( 3 min )
    Stakingen bij VDL Nedcar gaan door: autofabriek ligt langer stil
    Autofabriek VDL Nedcar in Born ligt ook woensdag en donderdag stil. Het personeel zal nog eens twee dagen staken, omdat de vakbonden nog geen reactie van de bedrijfsdirectie hebben gekregen.  ( 3 min )
    Nintendo Switch lijkt over hoogtepunt heen: vijfde minder spelcomputers verkocht
    Nintendo verkocht in het afgelopen jaar bijna achttien miljoen Switch-spelcomputers. Dat zijn er 22 procent minder dan een jaar eerder. Eerder wees Nintendo op chiptekorten, maar ook de populariteit van de Switch is tanende.  ( 3 min )
    Chinese investeringen worden in Europa steeds vaker geblokkeerd
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    Goldman Sachs schikt voor miljoenen in zaak over onderbetaalde vrouwen
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    Twitter houdt grote schoonmaak: duizenden slapende accounts gaan verdwijnen
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    Britten zouden in strijd tegen wangedrag minder moeten drinken op bedrijfsborrels
    Personeel van Britse bedrijven zou op feestjes en borrels minder alcohol moeten drinken. Dit moet ongepast gedrag en intimidatie bij zulke bijeenkomsten voorkomen, schrijft BBC News op basis van een onderzoek.  ( 3 min )
    Koninklijke DSM is niet meer: chemiebedrijf fuseert met Zwitsers concern
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    Tesla investeert honderden miljoenen dollars in een eigen lithiumfabriek
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    Twitter verwijdert accounts die niet in gebruik zijn
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    LinkedIn stuurt ruim zevenhonderd medewerkers de laan uit
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    Influencer Negin Mirsalehi enige nieuwe vrouw in top 100 jonge megarijken
    Met nieuwe binnenkomer Negin Mirsalehi telt Quote's lijst van de rijkste jonge selfmade miljonairs dit jaar vier in plaats van drie vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
    Influencer Negin Mirsalehi nieuw op de lijst met jonge megarijken
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    Netbeheerder wil dat provincies gaan meebetalen aan dikke stroomkabels
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    Nog geen duidelijkheid over landbouwakkoord, boerenlobbygroep wijst tekst af
    Het landbouwakkoord laat voorlopig op zich wachten. Ondanks een ultimatum van boerenlobbyorganisatie LTO ligt er deze week hoogstwaarschijnlijk zelfs nog geen definitieve tekst van een onderhandelingsakkoord. LTO wijst de concepttekst af, laat zij maandag weten.  ( 5 min )
    Negin Mirsalehi en Roemie Hillenaar mogen zich nu rekenen tot megarijken
    Met nieuwe binnenkomers Negin Mirsalehi (foto) en Roemie Hillenaar telt Quote's lijst van rijkste jonge selfmade miljonairs dit jaar drie in plaats van vijf vrouwen. De drie allerrijkste Nederlanders onder de veertig jaar, zijn dezelfde drie mannen als vorig jaar.  ( 3 min )
  • Open

    Microsoft, Goldman, Cboe Team Up For Blockchain For Institutional Crypto Assets
    Goldman Sachs, Deloitte, Cboe Global Markets, Microsoft (MSFT) and fintech firm Digital Asset have teamed up to create a blockchain network for institutional crypto assets.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    President Biden will meet with Congressional leaders to try and resolve raising the nation's debt limit to avoid default. Here’s what investors need to know today.  ( 1 min )
    Markets Finish Flat Ahead of Key Inflation Data
    U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.  ( 1 min )

  • Open

    Day Trading vs. Swing Trading: What's the Difference?
    Day trading involves making dozens of trades in a single day, while swing trading involves holding positions over a period of days or weeks.  ( 24 min )
    5 Ways to Help Your Clients Experiencing Grief
    Advisors can help clients experiencing grief by following these five tips.  ( 24 min )
    Retired Securities Definition and Example
    Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.  ( 18 min )
    Markets Finish Flat Ahead of Key Inflation Data
    U.S. equities indexes were little changed on Monday, May 8, 2023, with crucial reports on inflation expected later in the week.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 8: Rates Drop
    Personal loan rates eased slightly for a second week, lowering the overall average by seven basis points.  ( 17 min )
    Top CD Rates Today, May 8
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Dow Jones Today: Index Flat on Inflation Lull
    Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.  ( 17 min )
    Where Are Savings Account Rates Headed?
    Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 19 min )
    The Investing Risk of Underfunded Pension Plans
    Here's why it can be difficult to determine the risk to a company's EPS and financial condition resulting from an underfunded pension plan.  ( 20 min )
    Chip-and-Signature Card
    A chip-and-signature card is a type of credit card that encodes its information in a magnetic stripe as well as a square microchip.  ( 19 min )
    White House Proposal Will Make Airlines Pay for Delays, Cancellations
    Under a new proposal, airlines would have to pay for stranded travelers' expenses if the companies aren’t able to prevent some delays and cancellations.  ( 17 min )
    Borrowing Will Get Tougher Before it Gets Easier, Banks Say
    Fed's Loan Officer Survey Shows Credit Will Get Tighter in Coming Months  ( 17 min )
    Thrift Institutions Advisory Council Definition
    The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.  ( 19 min )
    10 Biggest Retail Companies
    With Walmart leading the pack, these are the 10 biggest retail companies by 12-month trailing revenue.  ( 22 min )
    Guardian Definition
    A guardian is an individual who has been given the legal responsibility to care for a child or an adult who does not have the capacity for self-care.  ( 20 min )
    Top 5 ETFs of 2021
    The year to date returns for XOP, VDE, IYE, XLE, and LIT make them the best performing ETFs of 2021.  ( 24 min )
    Berkshire Hathaway: What It Is, Market Cap, and Who Owns It
    Berkshire Hathaway is a holding company for a multitude of businesses run by chair and CEO Warren Buffett.  ( 23 min )
    Bread Savings CD Rates: May 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 19 min )
    Home Equity Line of Credit (HELOC)
    A home equity line of credit (HELOC) is a line of credit secured by equity you have in your home.  ( 23 min )
    U.S. Barrels Toward a Uniquely American Debt Ceiling Crisis
    President Joe Biden will meet with top Republican lawmakers at the White House on Tuesday in a showdown over the debt ceiling that is a uniquely American phenomenon.  ( 17 min )
    The Rule of 55
    The rule of 55 allows certain workers to withdraw money early from employer-sponsored retirement accounts without triggering a tax penalty.  ( 23 min )
    Top Energy Stocks for May 2023
    Southwestern Energy, Black Stone Minerals, and TORM are top for best value, fastest growth, and most momentum, respectively.  ( 20 min )
    Value Stock: What It Is, Examples, Pros and Cons
    A value stock is a stock that tends to trade at a lower price relative to its fundamentals, making it appealing to value investors.  ( 27 min )
    Double Top: Definition, Patterns, and Use in Trading
    A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.  ( 26 min )
    How to Maximize Profit with Marginal Cost and Revenue
    Learn about the marginal cost of production and marginal revenue and how the two measures are used together to determine the profit maximization point.  ( 25 min )
    Cryptocurrencies To Watch: Week of May 8
    This week’s cryptocurrencies to keep an eye on are Pepe (PEPE), FLOKI (FLOKI), Stacks (STX), WOO Network (WOO), and TRON (TRX).  ( 20 min )
    Dow Jones Transportation Average (DJTA): History
    The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States.  ( 19 min )
    Futures Strip: What it is and How it Works
    A futures strip is the buying or selling of futures contracts in sequential delivery months traded as a single transaction.  ( 18 min )
    Investors’ Worries Hit Their Peak Amid Recession Fears and Bank Failures
    It’s no surprise, sticky high inflation, rising rates, recession fears and more bank failures have spiked investor cautiousness to the highest levels seen this year, according to Investopedia’s latest survey of daily newsletter readers.  ( 18 min )
    Hyperledger: Open-Source Blockchain Framework and Standards
    Hyperledger is an open-source umbrella project that offers tools for developing and using blockchain systems and applications across industry sectors.  ( 19 min )
    Top Video Game Stocks for Q2 2023
    Top video game stocks this quarter include NVIDIA Corp., Inspired Entertainment Inc., and SciPlay Corp., all of which have risen more than 25% in the last 12 months while rising interest rates have weighed on the broader market.  ( 20 min )
    10 Biggest Solar Companies
    With JinkoSolar Holding Co. leading the pack, these are the 10 biggest solar companies by 12-month trailing revenue.  ( 23 min )
    Do Reverse Mortgage Loans Require Mortgage Insurance?
    Borrowers must pay up-front and annual mortgage insurance premiums on HECM reverse mortgages, but the insurance provides several consumer protections.  ( 23 min )
    Calculating Volatility: A Simplified Approach
    Though most investors use standard deviation to determine volatility, there's an easier and more accurate way of doing it: the historical method.  ( 22 min )
    SPY ETF: The SPDR S&P 500 ETF Trust and What It Holds
    Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )
    Falling Asset Prices Could Widen Robinhood's Q1 Losses, Though Interest Revenue Grows
    Robinhood's net losses are predicted to widen to $484 million as monthly active users falls by a quarter amid inflation, interest rate hikes, and falling asset prices.  ( 18 min )
    Minimum Wage: Federal vs. State, Exceptions, and FAQs
    The minimum wage is a legally mandated price floor on hourly wages, below which nonexempt workers may not be offered a job or agree to work.  ( 28 min )
    Inside Brazil's Experiment to Transform its Economy
    The Express steamed down to Rio de Janeiro for a quick trip to discover a city trying to transform itself into Latin America's tech capital, and change the course of Brazil's economic future. From the first Web Summit held in Latin America, we spoke with Gabriela Goncalves of Nilla Capital, and Marcos Casarin of Oxford Economics about Brazil's economy today, where it's headed, and the opportunities for investors and innovation. Plus, the latest results from our sentiment survey tell us investors are as scared as we've been all year. What's bugging us, and what are we doing about it?  ( 18 min )
    Today's Mortgage Rates & Trends - May 8, 2023: Rates Rise
    Rates on most mortgages types climbed higher, in many cases by double digits. Among the gainers were jumbo 30-year loans, whose rate average hit a two-month high.  ( 18 min )
    Adjusted Premium Definition
    An adjusted premium is the premium of a life insurance policy that is adjusted by amortizing the costs associated with acquiring the insurance policy.  ( 19 min )
    5 Things to Know Before Markets Open
    Federal data is expected to show a slower pace of bank lending and the White House is looking at a proposal to make airline compensate travelers for avoidable delays. Here’s what investors need to know today.  ( 17 min )
    Disney Likely to Post Robust Earnings Growth on Direct-to-Consumer Offerings
    Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.  ( 18 min )
    What Is a Good Debt-to-Income (DTI) Ratio?
    Your debt-to-income ratio shows how much of your money goes to paying debts. It helps lenders decide whether to loan you money. Learn how it works and how to improve it.  ( 25 min )
  • Open

    'Rich Dad Poor Dad' author Robert Kiyosaki warns inflation is systemic and investors should buy gold, real estate, gas, and food
    No content preview
    Vanguard’s Trillion-Dollar Man Leads a Fixed-Income Revolution
    (Bloomberg) -- When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansMitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt ImpasseUber Really Needs Lyft to Stay in the Rideshare RaceHis army of fun  ( 41 min )
    Why Skyworks Solutions Stock Is Falling After Hours
    Skyworks Solutions Inc (NASDAQ: SWKS) shares are falling after it reported second-quarter earnings, with sales meeting expectations and earnings missing estimates. The company also guided for the next quarter. Skyworks reported adjusted EPS of $2.02, missing estimates of $2.03 per share. However, the company's sales for the quarter came in at $1.15 billion against analyst estimates of $1.15 billion. The company generated second-quarter operating cash flow of $411.7 million. In other key achievem  ( 38 min )
    PayPal Earnings Top Views As Analysts Mull Raised 2023 Outlook
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    Top CD Rates Today, May 8
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Dow Jones Falls On Tightening Loan Conditions; Tech Titans AMD, Nvidia, Netflix, Uber Flash Bullish Signals
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    Apple Sells $5.25 Billion in Five-Part Dollar Bond Sale
    (Bloomberg) -- Apple Inc. tapped the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $215 Million to End Case on Underpaying WomenMitch McConnell Warns He Has No ‘Secret Plan  ( 39 min )
    What's Going On With Exxon Mobil Shares Today
    Exxon Mobil Corp (NASDAQ: XOM) shares gained Monday as Goldman Sachs Group, Inc (NYSE: GS) reiterated its forecast for Brent prices at $95 by December 2023 and $100 for April 2024 despite the sharp declines in oil prices lately. The firm predicts that supply deficits will likely surge in the second half of the year. The current selloff was driven mainly by recessionary fears about demand, the U.S. banking crisis, and reports about increased oil production in Russia, Iran, and other OPEC nations.  ( 38 min )
    EV Startup Lucid Sees Widening Losses; Fisker, Nikola, Rivian On Deck
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    Palantir Earnings Top Estimates. CEO Karp Sees a Huge Opportunity in AI.
    The analytics software company Palantir posted a second straight quarter of GAAP profits. As for AI efforts, CEO Alex Karp says: “The machine must remain subordinate to its creator."  ( 22 min )
    S&P 500 Stocks: Carnival, AMD Are Big Winners Today
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    PayPal adjusted margin forecast cut eclipses higher profit expectations
    While a cost-of-living crisis has now begun to squeeze budgets, particularly of lower income households, consumer spending has remained remarkably steady in the face of a looming economic slowdown. The upbeat forecast echoes expectations of card giants Visa and Mastercard that have remained largely upbeat about spending volumes on pent-up travel demand and resilient consumer spending. The company said it now expects full-year adjusted profit to grow about 20% to $4.95 per share, above analysts' average estimate of $4.88 per share, according to Refinitiv IBES data.  ( 39 min )
    Palantir Earnings, Revenue Top Estimates On Strong Commercial Growth
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    UPDATE 2-Devon Energy tops profit estimates on strong demand, boosts share buyback
    Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude oil, and raised its share repurchase program by 50% to $3 billion. Energy companies have started boosting investor returns since last year with the excess cash they generated aided by higher crude prices. While crude price fell during the first quarter, nearly 20% lower compared to last year when prices soared to multi-year peaks following Russia's invasion of Ukraine, they were still high enough for producers to remain profitable.  ( 38 min )
    Skyworks Stock Sinks After Chipmaker Guides Low For Current Quarter
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    Bud Light Sales Volume Fell 21.4% in April, Hurt by Transgender Backlash
    Volume was 21.4% lower in April, while the overall figure for parent Anheuser-Busch fell 12.5 % in the month, according to Beer Business Daily.  ( 22 min )
    What's Going On With AMD Stock Monday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares gained on Monday as reports claimed Microsoft Corp (NASDAQ: MSFT) denied a partnership with the chipmaker for its Athena artificial intelligence chip. Reportedly, Frank Shaw, a Microsoft spokesman, denied that AMD is part of Athena. "AMD is a great partner," he said. "However, they are not involved in Athena." Also, separate reports suggested that U.S. sanctions compelled the Chinese firms, including Alibaba Group Holding Limited (NASDAQ: BABA), B  ( 38 min )
    Concern over TD anti-money-laundering practices helped scuttle First Horizon deal
    TD agreed to buy First Horizon in February 2022 in a deal that would have created the sixth-largest U.S. lender. The banks said they expected to complete the transaction by January.  ( 40 min )
    Seeking at Least 9% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    The market is being buffeted by conflicting headwinds, making the pundits’ job harder. While inflation appears to be moderating, with the annualized rate down to 5% in March – the lowest since the summer of 2021 – the job market remains surprisingly robust. Last month, the BLS reported 253,000 new jobs, exceeding the predicted 180K, and an unemployment rate of just 3.4% compared to a forecast of 3.6%. The robust job numbers present a challenge for the Federal Reserve, which is tasked with managi  ( 42 min )
    Occidental Begins Buying Back Warren Buffett’s $10 Billion in Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. began buying back Berkshire Hathaway Inc.’s $10 billion of preferred stock, four years after Warren Buffett’s firm made the investment during the oil producer’s takeover of Anadarko Petroleum Corp. Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateWhy Airfares, Hotels and Cars Are Getting So Expensive for AmericansGoldman Shells Out $  ( 39 min )
    Advanced Micro Devices Stock Sees RS Rating Jump To 83
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    Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon Deal
    Toronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s $13.4 billion bid to buy First Horizon, people familiar with the matter said.  ( 29 min )
    Yellen warns of a "constitutional crisis" as the US debt ceiling deadline approaches
    US Treasury secretary Janet Yellen has warned that a failure by Congress to raise the debt ceiling in the coming weeks could lead to a “constitutional crisis.” According to Yellen, who made the comments during a May 7 appearance on ABC News’s This Week, the US could run out of cash as early as June 1.  ( 39 min )
    What's Going On With Microsoft Stock Today
    Microsoft Corp (NASDAQ: MSFT) shares are trading lower on Monday for no company-specific news. The stock is up 30% YTD, signaling an upside from the ChatGPT frenzy. In 2023, Microsoft launched its AI-powered search engine, Bing AI, building on its partnership with OpenAI, intensifying rivalry with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. Also Read: Microsoft's Premium ChatGPT Service Set to Supercharge Azure Growth: Analyst Predicts Even Wider Lead Over AWS Reports in April suggested  ( 38 min )
    Worst Isn’t Over for US Stock Market, JPMorgan’s Kolanovic Warns
    (Bloomberg) -- Expectations among US stock investors that the worst of pressures may have passed will likely be proven wrong as recession risk still looms, according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotel  ( 39 min )
    Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be Resolved
    (Bloomberg) -- Bill Gross, the former chief investment officer of Pacific Investment Management Co., recommended buying short-term Treasury bills, expecting the debt-ceiling issue eventually gets resolved. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollWhy Airfares, Hotels  ( 37 min )
    Apple and Amazon Stock Could Power the S&P 500 to 4400
    Stifel Market Strategist Barry Bannister says an environment friendly to growth and value stocks could seed an index rally in the second and third quarters.  ( 22 min )
    Frank founder accused of fraud notches big win against JPMorgan as bank must pay her legal bills
    JPMorgan Chase fired Charlie Javice in November 2022. Now the bank must pay her legal fees, according to a Delaware Chancery Court ruling.  ( 41 min )
    'Just Miss A Few Payments, Screw Up Your Credit Score': Peter Schiff Slams Biden's New Mortgage Rule. Here's How To Invest In Real Estate Without Buying A House
    Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if  ( 39 min )
    Life according to Warren Buffett and Charlie Munger: Write your own obituary and avoid toxic people
    The Berkshire Hathaway investors shared their wisdom at the company's annual shareholder meeting—including how to succeed in life and avoid mistakes.  ( 40 min )
    Lucid earnings preview: Production, profitability in focus for luxury EV-maker
    Lucid Motors will release Q1 earnings after the bell on Monday, a crucial report for the pure play electric vehicle maker looking to assuage investor concerns about production, and profitability.  ( 39 min )
    Occidental Starts Paying Off Berkshire’s 8% Preferred Stock
    The oil company is starting to rid itself of a source of high-cost financing, but Warren Buffett's company is likely to continue to benefit from it for years.  ( 22 min )
    Stifel raises S&P forecast, citing 'economic resilience'
    Stifel sees upside for the S&P 500 as earnings continue to beat estimates.  ( 40 min )
    Shockwave Tumbles As Boston Scientific Takeover Talk Reportedly Breaks Down
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    Zscaler Stock Shoots Up on Boost to Revenue Outlook
    The cloud-security company said it expects revenue for its third fiscal quarter to be higher than it had forecast.  ( 22 min )
    Woman who sued over Subway tuna seeks to quit case; Subway demands sanctions
    The California woman suing Subway for claiming its tuna products contain ingredients other than tuna wants to end her lawsuit because she is pregnant, prompting Subway to demand her lawyers be sanctioned for bringing a frivolous case. Nilima Amin said her "severe" morning sickness and "debilitating" conditions as she prepares for a third child have left her "unable to proceed with the obligations as plaintiff," and require her to focus on her health and family. In a May 4 filing, Subway said Amin's excuse flunked the "straight-face" test, and her lawyers likely realized it would not "simply pay the windfall settlement that they hoped to get by constructing a high-profile shakedown."  ( 38 min )
    10 Biggest Solar Companies
    With JinkoSolar Holding Co. leading the pack, these are the 10 biggest solar companies by 12-month trailing revenue.  ( 23 min )
    JPMorgan Ordered to Pay Charlie Javice’s Legal Fees in Frank Fraud Case
    (Bloomberg) -- JPMorgan Chase & Co. must pay Frank founder Charlie Javice’s defense costs in its suit accusing her of defrauding in its $175 million acquisition of her college-loan-planning site.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollSingapore’s Soaring Rents Are Be  ( 39 min )
    Why Catalent Stock Is Tumbling Today
    Catalent Inc (NASDAQ: CTLT) will be delaying the release of its third fiscal quarter results and investor conference call, previously scheduled for Tuesday, May 9, 2023. The company expects to file its Quarterly Report on Form 10-Q on May 15, 2023. In April, Catalent reported productivity challenges and higher-than-expected costs at its drug product and drug substance manufacturing facilities in Bloomington, Indiana, and Brussels, Belgium. Life-sciences company Danaher Corporation (NYSE: DHR) al  ( 38 min )
    Stock Market Off Lows Ahead Of Inflation Report; Analyst Warns Buffett About Apple 'Concentration Risk'
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    Why Warren Buffett Prefers Cash to Stocks Right Now
    The Berkshire Hathaway CEO is renowned for his stock-picking, but right now his favorite investment appears to be cash.  ( 22 min )
    Why Warren Buffett Prefers Cash to Stocks Right Now
    A 5%T-bill is pretty attractive when equities appear expensive.  ( 22 min )
    What's Going On With Sea Stock Today
    Sea Limited (NYSE: SE) shares gained on Monday over reports of a pay boost. Sea's founder declared a 5% pay hike for most employees starting July, signaling a turnaround for the e-commerce and gaming business after years of bleeding losses. Workers who joined on or before March 31 will get the salary bump, Bloomberg cites Forrest Li's internal memo. He said Sea has reached "self-sufficiency" as its cash balance is increasing rather than shrinking every quarter, months ahead of a target set last  ( 38 min )
    Catalent Stock Sinks. It Expects to ‘Significantly Reduce’ Guidance.
    Catalent anticipates a significant reduction to both its fiscal 2023 revenue and adjusted earnings before interest, taxes, depreciation and amortization guidance.  ( 22 min )
    2 Ways to Earn Billions: Warren Buffett and Charlie Munger Talk Elon Musk
    The Tesla CEO was one of the many topics that came up at Berkshire Hathaway's annual meeting of shareholders in Omaha on Saturday.  ( 22 min )
    Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Trading in Oversold Territory
    Every investor would naturally like to see the stocks that make up their portfolio show a consistent upward curve, but that, as everyone learns eventually, is just not the way it works. Peaks and troughs are part of the investing game, and even the stock market kings go through periods of serous pullbacks for one reason or another, be it macro developments or some news item that spooked investors. And every so often, despite sound fundamentals, the pendulum swings too far into negative terrain,  ( 41 min )
    Advent, Warburg Pincus Lead Multi-Billion Buyout Bid For Baxter's BioPharma Solutions
    A buyout consortium comprising Warburg Pincus and Advent International is in advanced talks to acquire Baxter International Inc's (NYSE: BAX) biopharma solutions business. BioPharma Solutions offers contract manufacturing services to the pharma and biotech industries. The deal value could reach or exceed $4 billion. Warburg Pincus and Advent have submitted the most attractive offer to Baxter in an auction that drew interest from other private equity firms and major players, including Thermo Fish  ( 39 min )
    Tyson Foods Reports Loss, Cuts Revenue Outlook for the Year
    The meat processor swung to a loss as it grappled with higher costs and flat revenue. Shares declined more than 10%.  ( 25 min )
    Ask An Advisor: Where Should I Stash Short-Term Savings?
    I'm holding $300,000 in cash that I plan to put into a new home. With the market as it is, I'm putting off that purchase for six to nine months. I'm 66 years old, single and plan to retire within … Continue reading → The post Ask An Advisor: Where Should I Stash Short-Term Savings? appeared first on SmartAsset Blog.  ( 40 min )
    The Reverse 4% Rule Puts Retirement Income, Spending Into Perspective
    A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.  ( 36 min )
    Zscaler Preannounces Strong Results. The Cybersecurity Stock Is Soaring.
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    The Debt Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare
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    US Cities Where It's Cheaper to Buy Than Rent a Home
    Potential homeowners may feel left in the dust with recent increases in costs and interest rates. But with the right combination of factors in some U.S. cities, the costs of homeownership may actually be less than the cost of renting, … Continue reading → The post Buy vs. Rent: A Comparison of Housing Costs in U.S. Cities – 2023 Study appeared first on SmartAsset Blog.  ( 40 min )
    U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
    The number of tokens the regulator has labeled as securities almost tripled in 2022.  ( 25 min )
    Regional Bank Stocks Rebound. PacWest Rockets After Dividend Cut.
    No content preview
    Weight Loss Brand Jenny Craig Files for Bankruptcy, Shuts Down
    (Bloomberg) -- Weight loss brand Jenny Craig has begun liquidating its operations in the US after efforts to ease a cash crunch fell short. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJenny C Holdings LLC an  ( 38 min )
    Dow Jones Futures Rise As PacWest Soars On Dividend Cut. Occidental Drops On Warren Buffett Comments.
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    Is Apple Stock A Buy After iPhone Maker's March-Quarter Earnings Beat?
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    Why PepsiCo hires 2,000 new grads every year regardless of economic conditions
    PepsiCo hires 2,000 U.S. graduates every year, says its CHRO.  ( 39 min )
    Tyson Foods Reports Loss, Cuts Revenue Outlook for the Year
    The Springdale, Ark.-based company posted a loss of $97 million in the period ended April 1, compared with net income of $829 million a year earlier.  ( 26 min )
    BioNTech Revenue Falls. Why the Stock Is Climbing Anyway.
    BioNTech's first-quarter revenue falls from a year earlier as demand for Covid-19 vaccines wanes but still tops analysts' estimates.  ( 26 min )
    Short Sellers Won't Bet Against Eight Rock-Solid Buffett-Like Stocks
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    Bud Light parent Anheuser-Busch to help distributors amid Mulvaney controversy
    Anheuser-Busch InBev is planning to help distributors feeling the sting of the controversy involving the beer giant's promotional effort with transgender activist Dylan Mulvaney.  ( 40 min )
    Is AMD Stock A Buy After Chipmaker's First-Quarter Report?
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    Dish Stock Falls. Profit Wasn’t the Problem.
    First-quarter earnings at the satellite and streaming video provider hit expectations but it lost more pay-TV subscribers than analysts had expected.  ( 22 min )
    Stock futures inch up as regional banks rally: Stock market news today
    The major averages were little changed on Monday morning while regional banks extended their rally.  ( 39 min )
    Tyson Foods Stock Is Tumbling. A Surprise Loss Is Only One Reason Why.
    The meat giant posts an adjusted loss of 4 cents a share in its fiscal second quarter, while analysts were expecting earnings of 79 cents.  ( 22 min )
    Bitcoin, Ether drop; Polkadot, XRP biggest losers; Asian equities gain
    Bitcoin, Ether fell in Monday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Polkadot and XRP led the losers in that list.  ( 39 min )
    Tyson Cuts Meat Sales View as Prices Hit Consumer Spending
    (Bloomberg) -- Tyson Foods Inc. cut its outlook for meat sales this year as consumers switch to cheaper foods due to inflation.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresThe biggest US meat company in a Mon  ( 38 min )
    No Recession Doesn’t Mean No Worries for Stocks
    Stocks might be under pressure even if the U.S. economy avoids a downturn.  ( 26 min )
    Morgan Stanley’s Wilson Says Economy Signaling Weaker Earnings
    (Bloomberg) -- Softer US macroeconomic data suggest that earnings trends will weaken in coming months, contrary to the expectations of most analysts, according to Morgan Stanley’s Michael Wilson, a staunch Wall Street bear.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuff  ( 39 min )
    Buffett Predicts a Downturn. Inflation Data and Earnings Will Indicate Its Severity.
    Debt limit concern, Buffett shares investing advice, and other news to start your day.  ( 25 min )
    Disney Likely to Post Robust Earnings Growth on Direct-to-Consumer Offerings
    Disney is projected to report strong earnings growth for the latest quarter as its streaming services gain more subscribers, led by its flagship Disney+ service.  ( 19 min )
    Shell and BP’s Hidden Spark
    The European companies’ energy traders generate huge profits, but investors are mostly in the dark.  ( 25 min )
    Big Oil Has $150 Billion in Cash and Investors Want a Share
    Oil-and-gas companies boost shareholder returns and keep funds for when the boom goes bust.  ( 27 min )
    These Stocks Are Moving the Most Today: Occidental, Berkshire Hathaway, PacWest, AMC, PayPal, and More
    Warren Buffett tamps down speculation that Berkshire Hathaway, which owns 24% of Occidental Petroleum, wants to buy the entire company, while PacWest shares surge after the regional lender says it's reducing its dividend.  ( 23 min )
    Warren Buffett reassures shareholders he’s ‘100% comfortable’ with his successor as Berkshire CEO: ‘Greg understands capital allocation as well as I do’
    Attendees at Berkshire Hathaway's annual meeting aimed to get a glimpse of Greg Abel, the conglomerate's designated CEO successor.  ( 40 min )
    Occidental Drops After Buffett Said Not Seeking Full Control
    (Bloomberg) -- Shares in Occidental Petroleum Corp. dropped in premarket trading after Warren Buffett said Berkshire Hathaway Inc. won’t make an offer for full control of the energy group, tempering speculation he was seeking to own the company after spending months snapping up its shares.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel  ( 39 min )
    PacWest Leads Rally in Regional Banks After Slashing Dividend
    (Bloomberg) -- PacWest Bancorp rose as much as 16% in premarket trading Monday, extending Friday’s brisk rebound and leading gains in US regional banks, after it slashed its quarterly dividend and said business remains “sound.”Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against  ( 39 min )
    World Markets Face ‘Minsky Moment’ Danger, Allianz Says
    (Bloomberg) -- Investors should brace for months of market readjustments overshadowed by the threat of a new “financial accident,” according to Allianz chief economist Ludovic Subran.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBiden Trails Trump as His Approval Rating Hits Low in ABC PollBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresPowell’s Bet Against Recession Looks Good — Minus the Credit Crun  ( 39 min )
    Chinese Bank Stocks Soar, Adding $166 Billion in Trading Frenzy
    (Bloomberg) -- The rally in Chinese financial shares intensified on Monday, with some banks posting their biggest single-day gains since the country’s 2015 equity bubble after more lenders cut their deposit rates and further progress on state-owned enterprise reform boosted investor sentiment.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Tru  ( 38 min )
    3 Takeaways From the 2023 Berkshire Hathaway Annual Shareholders’ Meeting
    Warren Buffett addressed the banking turmoil, prospects for large acquisitions, and his hand-picked successor Greg Abel.  ( 22 min )
    Oil Kicks Off Week Higher as Traders Look to Demand, Dollar Sags
    (Bloomberg) -- Oil edged higher as investors assessed a complex outlook for global crude demand after a period of volatile trading and the dollar eased.West Texas Intermediate rose toward $72 a barrel after surging by more than 4% on Friday, when futures pared a steep weekly loss. While fears of a US recession and bank failures have rattled markets recently, pushing crude to the lowest intraday level since late 2021, physical demand signals suggest at least some of the recent weakness in prices  ( 39 min )
    Weekly biotech pulse: Big catalysts on tap for Sarepta, Roche, Eyenovia, and more
    By Vlad Schepkov  ( 39 min )
    A Battle Over the Debt Ceiling May Hit a Critical Juncture This Week. How It Could Unfold.
    The window of opportunity to hammer out a deal is closing. Bond markets have jitters.  ( 22 min )
    Summer Travel Demand Is Red Hot. It’ll Be Pricey, but Good for These Stocks.
    Airfares and hotel room rates are soaring as the market for international trips booms. Several companies stand to benefit in a big way.  ( 32 min )
    Hedge Funds Face Into Bank Turmoil With Epic Short Treasury Bets
    (Bloomberg) -- Hedge funds supercharged bearish Treasury bets to historic levels just days before the US banking turmoil took a turn for the worse and spurred a stampede for the world’s safest assets.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits L  ( 38 min )
    Binance Restarts Withdrawals of Bitcoin After Second Halt
    (Bloomberg) -- Binance, the largest crypto exchange, temporarily paused withdrawals of Bitcoin for the second time in less than 12 hours, citing congestion on the token’s network.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Says $93 Million US Wants From Tim Leissner Is HersThe ste  ( 37 min )
    China’s Debt-to-GDP Ratio Rises to Record 279.7% on Credit Boom
    (Bloomberg) -- The Chinese economy’s debt ratio reached a record high in the first quarter of the year, with bank loans to companies surging as the nation reopened from Covid Zero.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateFootball Stadiums Belong in the SuburbsBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBiden Trails Trump as His Approval Rating Hits Low in ABC Poll‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAG  ( 38 min )
    Billionaire Sea CEO Declares 5% Raises in Strong Rebound Signal
    (Bloomberg) -- Sea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming company that slashed costs drastically during the technology industry’s downturn.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignFootball Stadiums Belong in the SuburbsKimora Lee Say  ( 38 min )
    AB InBev boss blames social media ‘misinformation’ for backlash against Bud Light
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
  • Open

    Dow Jones Today: Index Flat on Inflation Lull
    Disney tops the box office and the Dow with Guardians of the Galaxy, but bad press helped push 3M lower.  ( 1 min )
    5 Things to Know Before Markets Open
    Federal data is expected to show a slower pace of bank lending and the White House is looking at a proposal to make airline compensate travelers for avoidable delays. Here’s what investors need to know today.  ( 1 min )
  • Open

    Liechtenstein wil bitcoin accepteren als betaalmiddel
    Inwoners van Liechtenstein mogen binnenkort voor bepaalde overheidsdiensten in bitcoins betalen. Dat zegt premier Daniel Risch in een interview met de Duitse zakenkrant Handelsblatt.  ( 3 min )
    Storing verholpen, ING-klanten kunnen weer geld overmaken naar eigen rekening
    ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken naar eigen bankrekeningen, inmiddels verholpen. Door een storing waren niet alle rekeningen zichtbaar in internetbankieren en de ING-app.  ( 3 min )
    Rechtszaak tussen Google en Sonos sleept zich in slakkengang voort
    Luidsprekerproducent Sonos en techgigant Google staan maandag weer tegenover elkaar in de rechtszaal in San Francisco. Het is een nieuw hoofdstuk in het al jaren slepende juridische conflict tussen de twee bedrijven. Sonos eist een schadevergoeding van 90 miljoen dollar (81,5 miljoen euro).  ( 4 min )
    EU wil Chinese bedrijven die Russisch leger helpen op zwarte lijst zetten
    Chinese bedrijven die onderdelen aan het Russische leger leveren, komen op een Europese zwarte lijst. Dat schrijft Financial Times op basis van uitgelekte documenten.  ( 3 min )
    Waarom vakbonden en DNB-president Knot anders naar loonsverhogingen kijken
    Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-president Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?  ( 5 min )
    Nederland heeft windenergiedoel uit klimaatakkoord (eindelijk) gehaald
    Eind 2022 stond er in Nederland meer dan 6 gigawatt aan windmolens op land, blijkt uit de nieuwe Monitor Wind op land van Rijksdienst voor Ondernemend Nederland. Daarmee werd eindelijk de doelstelling van het energieakkoord uit 2013 gehaald.  ( 3 min )
    ING-klanten kunnen door storing geen geld overboeken naar eigen rekeningen
    Klanten van ING hebben maandagmiddag opnieuw problemen met internetbankieren. Door een storing zijn niet alle rekeningen zichtbaar. Daardoor kunnen ze geen geld overboeken van een spaarrekening naar een betaalrekening.  ( 3 min )
    Waarom vakbonden en DNB-directeur Knot anders naar loonsverhogingen kijken
    Als de lonen net zoveel stijgen als de inflatie, gaan de prijzen voor consumenten ook verder omhoog, waarschuwde DNB-directeur Klaas Knot zondag in Buitenhof. Vakbonden reageren fel. Ze vinden dat ondernemers genoeg vet op de botten hebben om de lonen te verhogen. Waar komt dit meningsverschil vandaan?  ( 5 min )
    Spaarrente bij ASN, SNS en RegioBank ook omhoog
    Wie een spaarrekening bij SNS, RegioBank of ASN heeft, krijgt vanaf 15 mei een hogere rente. Daarmee volgt moederbedrijf de Volksbank zijn concurrenten Rabobank, ING en ABN AMRO.  ( 3 min )
    Harry Potter-spel Hogwarts Legacy levert ruim 1 miljard dollar op
    Hogwarts Legacy is de bestverkopende game die Warner Bros. Games ooit heeft uitgebracht. Sinds 10 februari is het Harry Potter-spel al meer dan vijftien miljoen keer verkocht. De spelontwikkelaar meldt dat de game al meer dan 1 miljard dollar (ruim 905 miljoen euro) heeft opgeleverd.  ( 3 min )
    NU+ | Internetkabels in Noordzee doelwit van sabotage: hoe kwetsbaar zijn we?
    De bodem van de Noordzee ligt vol met internetkabels. Rond die kabels zijn de laatste tijd verdachte Russische schepen gesignaleerd die ons internet zouden willen saboteren. Moeten we bang zijn dat ons internet uitvalt?  ( 4 min )
    PostNL maakt weer minder winst door afname pakketbezorging
    PostNL heeft in het eerste kwartaal veel minder winst geboekt dan een jaar eerder. Het postbedrijf ziet het winstcijfer al langere tijd dalen, doordat er minder pakketjes worden bezorgd.  ( 3 min )
    Albert Heijn om tafel met vakbonden: loonsverhogingen of weer lege schappen?
    Supermarktketen Albert Heijn gaat vandaag met vakbonden CNV en FNV om de tafel zitten. De inzet is een nieuwe cao voor de medewerkers van distributiecentra. De gesprekken zijn ook belangrijk voor de consument: als een akkoord uitblijft, dreigen nieuwe stakingen en dus opnieuw lege schappen.  ( 3 min )
    Werknemers Limburgse autofabriek Nedcar leggen werk voor twee dagen neer
    De vakbonden FNV Metaal en CNV Vakmensen hebben een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Maandag en dinsdag staakt het personeel. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.  ( 3 min )
    Acht weken geen vliegverkeer op Maastricht Aachen Airport vanwege renovatie
    Maastricht Aachen Airport (MAA) is vanaf maandag acht weken lang gesloten. In die tijd wordt de start- en landingsbaan gerenoveerd. Dat is nodig vanwege slijtage van het asfalt. Daardoor kunnen kleine deeltjes loslaten en schade aan vliegtuigen veroorzaken.  ( 3 min )
    Supermarkten zeggen prijzen te verlagen, maar dat is consumentenbedrog
    De prijzen in de supermarkten schieten omhoog. Toch claimen veel ketens dat honderden producten goedkoper worden door acties. Maar volgens experts is dat een misvatting.  ( 4 min )

  • Open

    Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them Too
    Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. But as with almost anything, keeping it simple is often the key. And one of the most straight forward strategies is to keep an eye out for the insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. When an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that  ( 41 min )
    China Builders With Upcoming Lawsuits Just Got a ‘Wake-Up Call’
    (Bloomberg) -- Defaulted Chinese developers facing key court dates in coming weeks received an abrupt reminder that it’s actions not words that count in restructurings, if you want to avoid getting liquidated.Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebateBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresBank Stocks Nearing a Crisis-Era Threshold Raises Warning SignKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want So  ( 39 min )
    Stocks Poised for Higher Open
    The Bureau of Labor Statistics reports the consumer price index for April on Wednesday. Economists expect a 5% rise from April 2022, matching March.  ( 22 min )
    Richest Man in Vietnam Reinforces Risky $8 Billion Wager on EVs
    (Bloomberg) -- It’s a familiar story: A business mogul parlaying much of his fortune into a massive bet on electric vehicles, only to fall on hard times.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning SignYour Sunday US Briefing: Buffett’s Warning and Hungry AmericansPha  ( 42 min )
    There's a record $5.3 trillion is cash on the sidelines as investors get more bearish on stocks. Here's why that could mean big gains ahead.
    No content preview
    Central banks are boosting stockpiles of gold in their reserves amid a backlash against the dollar
    Central banks added 228.4 tons of gold to global reserves in the first quarter, the World Gold Council reported.  ( 39 min )
    Warren Buffett's Berkshire Hathaway reveals it sold about $6 billion of Chevron stock last quarter
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    Devon Energy, JD.com, Roblox, TransDigm, KKR, and More Stocks to Watch This Week
    This week’s earnings reports include Airbnb, Brookfield, McKesson, PayPal, and Tyson Foods, Toyota Motor, and more.  ( 23 min )
    Carl Icahn's business empire just became Hindenburg's latest target. Here are some of the short seller's other big bets.
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    Dow Jones Futures: Market Roars, But Don't Go Wild Yet; AMD Leads Stocks Near Buy Points
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    Buffett on investing in EVs: 'You won't see anyone that owns the market'
    Legendary investor Warren Buffett explains why he's not too keen to get in on the EV trade.  ( 40 min )
    Buffett and Munger on Success, Toxicity and Elon Musk
    The Berkshire Hathaway CEO, with his business partner Charlie Munger, spent hours this weekend discussing life and career choices.  ( 26 min )
    Bank Stocks Nearing a Crisis-Era Threshold Raises Warning Sign
    (Bloomberg) -- The selloff in US bank shares is threatening to push them below a technical threshold that could signal more pain ahead for the broader stock market. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Kimora Lee Says $93 Million US Wants From Tim Leissner Is HersRussia Says It Has Billions of Indian Rupees That It Can’t UseBond Traders Bet on Biggest Fed Shift in Decades on Credi  ( 40 min )
    Rolls-Royce mini-nukes project under threat as Bill Gates eyes bid
    Bill Gates is eyeing a bid to build Britain’s first mini-nuclear reactor in a direct challenge to Rolls-Royce which is scrambling to secure a government contract.  ( 38 min )
    Breaking down Buffett’s warning on earnings
    Berkshire Hathaway CEO Warren Buffett doesn’t have good news for you. "In the general economy, the feedback we get is that perhaps the majority of our businesses will actually report lower earnings this year than last year," Buffett said at Berkshire’s annual shareholders meeting on Saturday.  ( 46 min )
    Inflation, Disney, debt ceiling: What to know this week
    A fast-approaching deadline for the US government to raise the nation's borrowing limit should draw increased investor attention this week and over the balance of the month as earnings season winds down and the next Fed decision remains six weeks off.  ( 42 min )
    Many are worried about their bank accounts' safety — here's what they should know
    The FDIC's standard insurance covers up to $250,000 per depositor, per bank, for every account ownership category.  ( 42 min )
    Preferreds Get Burned in Historic Rout Spreading From Banks
    (Bloomberg) -- Investors are bailing on preferred shares at a historic clip because of the growing concern about the health of US regional banks. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersKing Charles Crowned in Spectacle Marking Turning Point for UKA $12.2 billio  ( 40 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 24 min )
    TipRanks ‘Perfect 10’ List Unveils 2 Top Stocks That Offer Strong Growth and Solid Fundamentals
    Investors are always on the lookout for a reliable tool to separate the true sound stocks from those that are just riding the tide. That’s a job tailor-made for the Smart Score, a comprehensive data tool that collects and collates the aggregated data of the stock market – and returns a simple score for each of thousands of stocks. The Smart Score uses a set of sophisticated AI algorithms to evaluate every stock by a set of 8 factors – and the factors are all known to match up with future outperf  ( 42 min )
    Are Church Donations Tax-Deductible?
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    The Limit Does Exist: Legal & Savings Bank Withdrawal Limits
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    What to Consider Before Putting Your IRA in a Trust
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    Can My Beneficiaries Transfer Property Out of a Trust After I Die?
    After a grantor passes away, becoming the trustee can be daunting, especially if you're responsible for distributing property. Houses are among the most valuable assets in a family for financial and sentimental reasons. Therefore, it's critical to understand how to … Continue reading → The post How to Transfer Property Out of a Trust After Death appeared first on SmartAsset Blog.  ( 41 min )
    Maxed Out Your 401(k)? Try This Plan Next
    Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 40 min )
    What Should You Invest in With a Roth IRA?
    When you're saving for retirement, there are a variety of accounts you could use. The Roth IRA, or individual retirement account, is one of those options. Roth IRAs offer more investment flexibility, as well as their own tax benefits. Understanding … Continue reading → The post Capital Gains Tax for Roth IRAs appeared first on SmartAsset Blog.  ( 40 min )
    Watch Out: The 5-Year-Rule Could Affect Your Roth Rollover Plans
    The Roth IRA has been called "the Swiss Army knife" of personal finance because of its flexibility and the tax-free status of its earnings. That's the reason so many retiring workers move to roll their workplace 401(k) accounts into a … Continue reading → The post Doing a Roth Rollover? Beware the 5-Year Rule appeared first on SmartAsset Blog.  ( 40 min )
    How to Avoid Depreciation Tax on Rental Property
    It can pay to be a responsible rental property owner. For instance, if you're always investing in your rental property and making improvements, not only will your tenants appreciate it and remain tenants longer, you can get a depreciation deduction … Continue reading → The post How to Avoid Depreciation Tax on Rental Property appeared first on SmartAsset Blog.  ( 40 min )
    Buy, Borrow, Die: This is How the Rich Avoid Taxes
    Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.  ( 41 min )
    Apple Threatens To Take a Bite Out of Regional Banks
    Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 21 min )
    Single family homes for rent are getting more expensive. Here's where prices are going up
    Single-family rentals saw a 6% increase at the close of the first quarter of 2023 compared to the same period in 2022.  ( 39 min )
    Giant Pension Sells Electronic Arts and HP Stock, Buys Autoliv
    New York State Teachers’ Retirement System sold Electronic Arts and HP stock, and initiated an investment in Autoliv in the first quarter.  ( 22 min )
    The brief Age of the Worker is over – employers have the upper hand again
    The pandemic ushered in an era of ‘quiet quitting’ and ‘bare minimum Mondays’ but workers have since lost leverage  ( 39 min )
    Buy Treasuries, Sell Gold, and Other Ideas for a Fed Pause
    BofA has five ideas based on an analysis of asset returns in the three months after 10 “last hikes” of the past 50 years.  ( 22 min )
    3 Berkshire Hathaway CEOs on Buffett, Abel, and Managing for the Long Term
    The CEOs of Brooks Running, Dairy Queen, and See's Candies see big advantages to being part of Berkshire Hathaway. That will continue once Greg Abel succeeds Warren Buffett.  ( 23 min )
    U.S.-China Tensions Are Changing Manufacturing. 10 Funds That Could Benefit.
    Vietnam has long benefited from efforts to keep costs low as wages have risen in China, but the latest shift is broader and offers more opportunites.  ( 22 min )
    4 big deal reports: More tremors across regional banks
    Here is your Pro Recap of the biggest head-turning deal dispatches you may have missed this week: more market-moving headlines in regional banks Western Alliance and PacWest; JPMorgan officially picks up First Republic; First Horizon and TD Bank drop their planned merger; and Arconic gets taken out by Apollo. The regional bank shares experienced turbulence this week.  ( 39 min )
    Banks Are in the Grips of Investor Crisis of Confidence
    First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith.  ( 27 min )
    Tech Workers Aren’t as Rich as They Used to Be
    Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses.  ( 21 min )
    Investors Flock to Safety Plays, but Stock ‘FOMO’ Lingers
    Investors are shying away from risk, turning to defensive stocks and Treasurys, yet they appear equally worried about missing out on a potential stock-market rally.  ( 27 min )
    Elon Musk dreams big and tackles impossible problems. Warren Buffett and Charlie Munger are happy to aim lower: 'We don't want that much failure'
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    Bitcoin or Gold? Big Investors Think It’s a No-Brainer.
    Between March and early May, money managers added heavily to their exposure to gold futures. Interest in Bitcoin has gone the opposite direction.  ( 22 min )
    Ukraine farmers risk losing their lives or livelihoods
    Across Ukraine, the war has forced grain growers into a vicious dilemma. Farmers in areas now free from Russian occupation are risking their lives to strip their land of explosives before the critical spring planting season. The dual crisis is causing many farmers to cut back on sowing crops.  ( 47 min )
    Barrick Gold boss hunts for takeover targets
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Warren Buffett shrugs off de-dollarization fears but warns excessive government spending may have serious fallout
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    China’s Gold Splurge Reaches Sixth Month as Reserves Rise Again
    (Bloomberg) -- China added to its gold reserves for a sixth straight month, extending a flurry of purchases as central banks around the world expand their holdings of bullion amid escalating geopolitical and economic risks.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era Threshold Raises Warning  ( 38 min )
    Apple is a better business than Geico, See's Candies, and the rest of Berkshire Hathaway's companies, Warren Buffett says
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    Warren Buffett strikes a dour tone on the US economy, warning the easy-money era is over
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    Stock Traders Hunt for Winners in Asia as Fed’s Policy Turns
    (Bloomberg) -- The growing likelihood of a US recession and a pause in the Federal Reserve’s rate hikes is reshaping the global landscape, and prompting Asia’s stock pickers to recalibrate their bets.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to I  ( 39 min )
  • Open

    Keogh Plan: Definition, Types, Advantages & Disadvantages
    A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes.  ( 20 min )
    Long-Term Capital Gains and Losses: Definition and Tax Treatment
    A long-term capital gain or loss comes from a qualifying investment that was owned for longer than 12 months before being sold.  ( 21 min )
    The Ultimate Guide to Amex Membership Rewards
    Our comprehensive guide to the American Express Membership Rewards program.  ( 30 min )
    Statistics in Math: Definition, Types, and Importance
    Statistics is the collection, description, analysis, and inference of conclusions from quantitative data. People who do statistics are referred to as statisticians.  ( 28 min )
    What Is Volume of a Stock, and Why Does It Matter to Investors?
    Volume refers to the number of shares or contracts traded in an asset or security over a period of time, usually over the course of a trading day.  ( 25 min )
    Greg Abel: Warren Buffett's Successor's Life, Salary, and Accomplishments
    Greg Abel is the next-in-line to be the Berkshire Hathaway CEO when Warren Buffet steps down or passes away.  ( 24 min )
    What Is a Bank Run? Definition, Examples, and How It Works
    A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.  ( 26 min )
    Intermarket Relationships: Following the Cycle
    Learn more about the interactions between commodity, bond, stock, and currency markets.  ( 21 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 24 min )
    What Is Sector Rotation? How It Works and Importance in Investing
    Sector rotation is the movement of money in the stock market from one industry to another as investors anticipate the next stage of the economic cycle.  ( 19 min )
    Five Percent Rule Definition
    The five percent rule requires brokers to use fair and ethical practices when setting commission rates on over-the-counter​​​​​​​ transactions.  ( 19 min )
    Consumers Rack Up Record Credit Card Debt as Pandemic Savings Dwindle
    Credit card debt is growing fast, and one possible reason is that more people are putting more expenses on plastic because they can’t cover all their bills with cash.  ( 16 min )
    Simple-Interest Mortgage: Meaning and Benefits
    A simple-interest mortgage is a home loan where interest is calculated on a daily basis instead of a monthly basis.  ( 21 min )
    Apple Threatens To Take a Bite Out of Regional Banks
    Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 20 min )
    Sales Price Variance: Definition, Formula, Example
    Sales price variance is the difference between the price a business expects to sell its products or services for and what it actually sells them for.  ( 18 min )
    Warehouse-to-Warehouse Clause Definition
    A warehouse-to-warehouse clause in an insurance policy provides financial protection of cargo in transit, from the origin to the destination warehouse.  ( 19 min )
    Fat Man Strategy Definition
    The fat man strategy is a defensive move against a company buyout. It involves bulking up with assets and debt to make it an unattractive target.  ( 18 min )
    Scale Out Definition
    Scaling out is selling portions of the total shares held while the price increases.  ( 18 min )
    Country Club Billing
    Country club billing is a former system that credit card companies used until the 1970s involving sending copies of original sales drafts to cardholders.  ( 17 min )
    Focus List Definition and Uses
    A focus list is a list of recommended stocks published by an investment firm's research department. It's typically a short list of their best trade ideas.  ( 19 min )
    Augmented Reality (AR) Defined, with Examples and Uses
    Augmented reality (AR) is the modification of a real-life environment by the addition of sound, visual elements, or other sensory stimuli.  ( 19 min )
    Peer Perform Definition
    Peer perform is an investment rating that sell-side analysts use when a given security provides returns consistent with those of other companies in its sector.  ( 18 min )
    How Mortgage Interest Is Calculated?
    Your mortgage interest rate depends on a variety of factors, including the type of loan (fixed or adjustable) and the loan term (such as 30 years). Learn more.  ( 25 min )
  • Open

    Apple Threatens To Take a Bite Out of Regional Banks
    Online apps, led by Apple, provide high-interest alternatives for deposit customers—even if they're not wary of the banking industry's recent turmoil.  ( 1 min )
  • Open

    Sparen iets aantrekkelijker na renteverhogingen, maar geen vetpot
    De spaarrentes zijn in een jaar tijd omhoog gekropen, nadat de Europese Centrale Bank (ECB) stap voor stap het rentetarief is gaan verhogen. Sparen is zo iets aantrekkelijker geworden. Maar de rentes gaan traag omhoog en door de inflatie word je van sparen nog lang niet slapend rijk.  ( 7 min )
    Mannen zijn schaars in de kinderopvang: 'Het probleem zit bij de ouders'
    Hoewel ze in de kinderopvang schaars zijn, wordt er nauwelijks ingezet op het vinden van mannen die een switch naar de kinderopvang willen maken. Dat is jammer, vindt Gjalt Jellesma, voorzitter van de Belangenvereniging van Ouders in de Kinderopvang. "Want meer mannen op de werkvloer, dat is juist een verrijking."  ( 6 min )

  • Open

    Budget Deficit: Causes, Effects, and Prevention Strategies
    A budget deficit occurs when expenditures exceed revenue and is the term commonly used to refer to government spending and national debt.  ( 23 min )
    M1 Finance vs. Betterment: Which Should You Choose?
    M1 Finance and Betterment are top robo-advisors that offer different services. M1's forté is automated investing, without advice. Betterment offers automated investing and financial planning.  ( 27 min )
    What Are Qualified Dividends, and How Are They Taxed?
    A qualified dividend is a payment to owners of stock shares that meets the IRS criteria for taxation at the capital gains tax rate.  ( 25 min )
    Berkshire Hathaway Posts $35.5 Billion Profit, Cash Rises to $130 Billion
    Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.  ( 17 min )
    Can I Fund a Roth IRA and Contribute to My Employer’s Retirement Plan?
    Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.  ( 24 min )
    What Is Bitcoin Halving? Definition, How It Works, Why It Matters
    Bitcoin halving explained. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users.  ( 22 min )
    Cryptocurrency Regulations Around the World
    Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )
    Tight Inventory Caused Homes to Sell Quickly in April
    Sales usually drop in April, after peaking in March; this year the Spring peak has yet to arrive.  ( 17 min )
    What Is Prince Harry and Meghan Markle’s Net Worth?
    Prince Harry and Meghan Markle have made millions through lucrative business and media deals since stepping down as senior members of the British royal family.  ( 19 min )
    Earnings Beat of the Week: MGM Resorts Tops Expectations on Casino Traffic
    Casino operator MGM Resorts (MGM) beat expectations for first-quarter net income and revenue as the company benefited from higher traffic in its Las Vegas and Macau resorts.  ( 17 min )
  • Open

    Banking turmoil is far from over. Bill Ackman, Jeffrey Gundlach, and Mohamed El-Erian have renewed their warnings about unresolved risks.
    No content preview
    This 6.7%-Yielding Dividend ETF Is Outperforming With Its Unique Emerging Markets Strategy
    The Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) is the ETF in the Cash Cows family that covers emerging market equities. With a yield of 6.7% and a focus on emerging market companies that sport high free cash flow yields, the ETF looks attractive and has outperformed some of the other major emerging markets ETFs in recent years. Therefore, let’s take a closer look at ECOW. Cash Rules Everything Around Me We’ve recently covered some of the other Cash Cows, like the popular Pacer US Cas  ( 42 min )
    Buffett Reaffirms Abel as Heir, Blames Bank Leaders for Failures
    (Bloomberg) -- Warren Buffett faced question after question about one thing in particular at Berkshire Hathaway Inc’s annual meeting on Saturday: His successor. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US Defaul  ( 41 min )
    Buffett on the regional bank crisis: 'Messed up' incentives and 'poor' communication
    The Oracle of Omaha made it clear that he is still cautious about holding many bank stocks amid the recent volatility.  ( 41 min )
    Warren Buffett's Berkshire Hathaway sold a net $10 billion of stocks last quarter - but ramped up buybacks to over $4 billion
    Warren Buffett's company was a net seller of stocks, boosted its buybacks, and grew its cash pile in the first quarter.  ( 39 min )
    Warren Buffett: 'We're not going to buy control' of Occidental
    Despite speculation, Berkshire Hathaway doesn't want to own a controlling share of Occidental Petroleum, Warren Buffett said on Saturday.  ( 40 min )
    Amazon launches free channels, check marks come to Gmail and OpenAI raises more moolah
    For those new to the scene, WiR is TechCrunch's regular newsletter that recaps the biggest tech stories over the past few days. Before we get into the meat of the thing, a quick reminder that TC City Spotlight: Atlanta is fast approaching. On June 7, TechCrunch is headed to Atlanta, where we'll host a pitch competition, a talk on the economics of equality, a panel discussion on investing in the Atlanta ecosystem and more.  ( 42 min )
    Dollar dominance isn't going anywhere. Here are 5 myths about de-dollarization.
    No content preview
    Berkshire Won’t Be Investing In Automakers, Buffett Says
    Berkshire Hathaway (ticker: BRK.A, BRK.B) isn’t likely to invest in shares of automakers like General Motors (GM) or Ford Motor (F), CEO Warren Buffett said at the company’s annual shareholders’ meeting on Saturday. “Charlie \[Munger\] and I have long felt that the auto business is just too tough,”  ( 27 min )
    Buffett Says Berkshire Remains On the Hunt for an ‘Elephant-Sized’ Acquisition
    Berkshire Hathaway (ticker: BRK.A, BRK.B) has nearly $130 billion in cash and Treasury bills on its balance sheet. There’s ongoing speculation about what the company might do with all that dry powder. At Berkshire’s annual shareholders’ meeting on Saturday, CEO Warren Buffett said that he would rat  ( 28 min )
    Berkshire Won’t Offer to Control Occidental, Buffett Says
    (Bloomberg) -- Berkshire Hathaway Inc. won’t make an offer for full control of Occidental Petroleum Corp., Warren Buffett said on Saturday. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Avoid US DefaultThe company may or m  ( 38 min )
    Fed Is About to Find Out If It Can Afford to Pause Rates
    (Bloomberg) -- US inflation data in the coming week will provide clues about whether the Federal Reserve can pause its series of interest-rate hikes at next month’s meeting. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to Invoke 14th Amendment to Av  ( 41 min )
    Bond Traders Bet on Biggest Fed Shift in Decades on Credit Risks
    (Bloomberg) -- Fresh fears over a recession-inducing credit crunch are spurring bond bulls to ramp up bets that the Federal Reserve will embark on the most abrupt policy shift in almost four decades.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee Says $93 Million US Wants From Tim Leissner Is HersBiden Not Ready Yet to In  ( 39 min )
    Berkshire Hathaway Posts $35.5 Billion Profit, Cash Rises to $130 Billion
    Warren Buffet's conglomerate saw its Apple investment and insurance business adding to gains, while cash continued to pile up amid a dealmaking drought.  ( 18 min )
    Berkshire’s Youngest Shareholders Vie for Chance to Question Warren Buffett
    At least one child is usually selected to ask the storied investor a question during the annual meeting.  ( 22 min )
    Buffett Says Streaming Remains a Challenging Business, Sticks With Paramount
    CEO Warren Buffett addressed Berkshire Hathaway’s (ticker: BRK.A, BRK.B) investment in Paramount Global (PARA) at the company’s annual shareholders’ meeting in Omaha on Saturday. The media company is in the midst of an expensive transition from legacy businesses in cable TV and movies to a streaming  ( 24 min )
    Warren Buffett sticks with Bank of America as crisis rocks bank stocks
    Warren Buffett gives a thumbs up on Bank of America stock even as Berkshire has pared back its investments in the financial sector in the last few years.  ( 40 min )
    This Week in Coins: Bitcoin and Ethereum Stand Still After Fed Rate Hike
    Crypto is fast becoming a hot topic among expected 2024 U.S. Presidential candidates.  ( 39 min )
    Warren Buffett: 'Apple is not 35% of Berkshire's portfolio'
    Berkshire's entire equity security holdings don't account for a third of the company's entire assets.  ( 40 min )
    Ex-Yahoo CEO Marissa Mayer admits spending $4B for Netflix—now worth over $140B—would’ve been a better ‘transformative acquisition’ than Tumblr
    Mayer, like Blockbuster executives, would later regret her thinking on Netflix.  ( 39 min )
    Can I Fund a Roth IRA and Contribute to My Employer’s Retirement Plan?
    Can you contribute to a 401(k) and Roth IRA? The short answer is yes, but make sure that you understand these rules, regulations, and limitations.  ( 24 min )
    Warren Buffett on investing: 'Be a no-emotion person' in matters of business
    Warren Buffett to investors: In business, it's best not let your emotions get ahead of you.  ( 40 min )
    Wall Street Is in No Mood to Celebrate the Fed’s Last Rate Hike
    (Bloomberg) -- Markets may have just survived the last of the most aggressive rate hikes in four decades. Few on Wall Street are celebrating.Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012King Charles Crowned in Spectacle Marking Turning Point for UKRussia Says It Has Billions of Indian Rupees That It Can’t UseKimora Lee Says $93 Million US Wants From Tim Leissner Is HersSEC Investigates Trades by First Republic Executives Before Sale to JPMorganIf Wedn  ( 40 min )
    Buffett’s TSMC Sale Due to Geopolitical Concerns
    CEO Warren Buffett sold Berkshire Hathaway’s (ticker: BRK.A, BRK.B) more-than $4 billion stake in Taiwan Semiconductor Manufacturing Company (TSM) only a few months after acquiring the shares late last year. The Taiwanese semiconductor maker is the world’s leading producer of cutting-edge chips. Bu  ( 25 min )
    Airbnb Stock: Is It A Buy Or Sell? Here's What Fundamentals, ABNB Stock Chart Action Say
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    Buffett: 'Catastrophic' to let SVB depositors lose their money
    The Berkshire CEO said if the US government had not protected all depositors at Silicon Valley Bank, it would have disrupted the world's financial system.  ( 39 min )
    Cryptocurrency Regulations Around the World
    Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )
    Buffett and Munger Disagree on the Future of Value Investing
    Legendary value investors Warren Buffett and Charlie Munger see divergent paths for value investors in the coming years. The Berkshire Hathaway (ticker: BRK.A, BRK.B) managers were responding to shareholders’ questions at the company’s annual meeting in Omaha on Saturday. “I think value investors a  ( 28 min )
    Berkshire Hathaway 2023: Warren Buffett says managers were 'surprised' by the economy
    Warren Buffett kicked off the Berkshire Hathaway annual meeting with a read on the US economy.  ( 39 min )
    Gold Investors Turn to Gold IRAs Amid Economic Uncertainty
    These investment vehicles work like regular IRAs, but with some additional regulations  ( 25 min )
    Berkshire Hathaway Kicks Off Annual Meeting With Big Jump in Earnings
    Warren Buffett and right-hand man Charlie Munger are scheduled to answer roughly 60 questions from the public during the company’s annual meeting.  ( 26 min )
    Oil Crash Sends Speculators Fleeing at Fastest Pace in Six Weeks
    (Bloomberg) -- Speculators are once again fleeing the oil market, setting the stage for more extreme price swings. Most Read from BloombergJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKSEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveMoney managers dumped th  ( 39 min )
    AMD Stock, AI Play And New S&P 500 Member Lead 5 Stocks Near Buy Points
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    10 Things Everyone Should Do to Keep Their Finances in Order
    Getting your financial footing can be a challenge when you're young, especially if you have student loan payments or a new mortgage make you feel penniless. However, it's never too early to start financial planning. By creating a budget, improving … Continue reading → The post 10 Financial Planning Tips for Young Adults appeared first on SmartAsset Blog.  ( 42 min )
    Warren Buffett’s Berkshire Hathaway dumps billions of dollars of US stocks
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    These 3 Savings Accounts Can Earn You the Most Money
    There are many types of savings accounts. Money market accounts can earn higher interest rates than traditional savings accounts. But CDs can often earn even higher rates. However, there are pros and cons to each type of account that goes … Continue reading → The post Which Savings Account Will Earn You the Most Money? appeared first on SmartAsset Blog.  ( 40 min )
    How Many Years Do I Have to Work to Retire?
    The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What's not so simple is knowing how many years you have to work … Continue reading → The post How Many Years Do You Have to Work to Retire? appeared first on SmartAsset Blog.  ( 40 min )
    Is My Money Safe in the Bank?
    In recent months the FDIC has managed two of the largest bank failures in U.S. history. The collapse of Silicon Valley Bank (SVB) and Signature Bank happened shockingly fast. And First Republic wasn't far behind. Consumers have plenty of questions, as … Continue reading → The post Is My Money Safe in the Bank? appeared first on SmartAsset Blog.  ( 41 min )
    How to Afford Your Ideal Retirement Lifestyle
    There's a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you'd like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer … Continue reading → The post How to Determine Your Retirement Lifestyle appeared first on SmartAsset Blog.  ( 41 min )
    King Charles Inherits Bulging Royal Purse Thanks to Property Boom
    Behind the royal wealth is a booming real-estate portfolio of bucolic farms, wholesale warehouses and prime London offices that has helped cover a royal spending spree.  ( 22 min )
    Berkshire’s Operating Profit Rose 12.6%, Topping Expectations
    The Warren Buffett-led conglomerate bought back $4.4 billion of stock in the period, up from the fourth quarter but below 2020 and 2021 levels.  ( 22 min )
    Berkshire Hathaway Boosts Pace of Share Buybacks to $4.4 Billion
    (Bloomberg) -- Berkshire Hathaway Inc. bought back $4.4 billion of stock, an increase from the same period last year, as Warren Buffett’s sprawling conglomerate confronted turbulent markets that offered fewer of the blockbuster deals the investor is renowned for.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012Peter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveSEC Investigat  ( 38 min )
    What Investors Should Know About Money-Market Funds and CDs
    Investors are turning to these cash-equivalent investments, some of which are yielding 5% or more. But it pays to have a strategy beyond fear.  ( 26 min )
    The Reverse 4% Rule Puts Retirement Income, Spending Into Perspective
    A part-time job is like temporarily having a bigger nest egg while splurging on that luxury SUV will lower your spending for your entire retirement.  ( 22 min )
    These are the 4 jobs that are set to disappear in a decade, and the ones that will take over
    Consider the fax machine: All kinds of new tech roles are on the way in, and admin roles are out. There's still time to pivot.  ( 39 min )
    Apple, Pepsi, and 4 More Companies That Raised Their Stock Dividends This Week
    PepsiCo said it will raise its quarterly payout to $1.265 a share, an increase of 10% from $1.15.  ( 23 min )
    The Regional Bank Selloff Visualized
    A look at the health of six regional banks.  ( 20 min )
    Are Swiss banks still hoarding Nazi gold?
    In a storage room in Buenos Aires, an Argentinian investigator made a discovery that would reverberate through a boardroom more than 7,000 miles away.  ( 40 min )
    Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor's biggest bets. Here are their 10 best quotes.
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    Apple stock price surge adds $135 billion to its market value after solid earnings beat. Here's what Wall Street is saying about the report.
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    Banking 'cancer' may be spreading as otherwise healthy firms seem vulnerable and credit gets pulled from the economy, Mohamed El-Erian says
    No content preview
    Russia says there's a problem with billions of rupees it has in India that need to be converted
    "As for rupees, this is a problem because there are billions of rupees accumulated in accounts at Indian banks and we need to use this money."  ( 38 min )
  • Open

    Explainer | Hoe weten we of er een recessie aankomt?
    Voorspellen of er een recessie aankomt is geen exacte wetenschap. Toch zijn er een aantal punten waarop economen kunnen letten, zoals het aantal werklozen en uitgaven van huishoudens. Wat kunnen deze gegevens ons vertellen over een mogelijke recessie?  ( 3 min )
    Bliksem, aanrijdingen en papierwerk zitten Transavia dwars
    Transavia moest de afgelopen weken tientallen vluchten schrappen en ook de komende tijd zitten reizigers nog in onzekerheid. De vliegmaatschappij houdt veel toestellen aan de grond, waardoor vele duizenden vakantiegangers zijn gedupeerd. Wat gaat er mis?  ( 4 min )
    Vakbonden kondigen tweedaagse staking bij Limburgse autofabriek Nedcar aan
    De vakbonden FNV Metaal en CNV Vakmensen hebben voor maandag en dinsdag een tweedaagse staking bij de Limburgse autofabriek Nedcar aangekondigd. Eigenaar VDL heeft een ultimatum over een sociale regeling voor het personeel laten verlopen.  ( 3 min )
    Ook in laatste weekend meivakantie geen hele lange rijen op Schiphol
    Het laatste weekend van de meivakantie verloopt tot nu toe zonder problemen op Schiphol. De luchthaven verwacht zaterdag veel mensen die terugkeren van vakantie. Maar de drukte leidt niet tot hele lange rijen.  ( 3 min )
    NU+ | Waarom het ene land stopt met kernenergie en het andere centrales bouwt
    In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."  ( 4 min )
    NU+ | Waarom Europese landen totaal verschillend met kernenergie omgaan
    In hetzelfde weekend dat Duitsland het hoofdstuk kernenergie definitief afsloot, opende Finland een nieuwe kerncentrale. De interesse in nucleaire energie groeit in Europa, net als de discussie erover. "Europese grootmachten staan lijnrecht tegenover elkaar."  ( 4 min )
  • Open

    Markets Lifted by Bank Stocks, Apple
    U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.  ( 1 min )
  • Open

    Carvana Shares Jump on Smaller Loss, Outlook
    Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.  ( 1 min )

  • Open

    The Fed Is Set Up for a Pause. Why the Stock Market Is Set for a Fall.
    Banking turmoil continues, rates were still raised, and the risk/reward argues for waiting to but the stock market.  ( 23 min )
    Oil Takes a Surprise Tumble. Blame Soft Demand in China.
    After OPEC cut output in April, most observers expected oil prices to rise. Instead, a slower Chinese recovery sent prices sliding. The question now: How will OPEC react?  ( 23 min )
    A mysterious Indian firm likely tied to Russia's Rosneft amassed an enormous tanker fleet in just 18 months and has become a top shipper of Russian crude, report says
    It's unclear who owns the company, though industry experts have suggested it is likely tied to Rosneft, Russia's largest state-run oil firm.  ( 39 min )
    Ballooning US debt is a big worry, stocks may get squeezed, and Warren Buffett's Occidental bet is a master stroke, veteran investor Tom Russo says
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    Warner Bros. Discovery Sees Streaming Profits Sooner Than Expected
    Despite the success of its streaming business, the media company’s revenue fell in the first quarter.  ( 26 min )
    Kimora Lee Says $93 Million US Wants From Tim Leissner Is Hers
    (Bloomberg) -- Kimora Lee, the former model and ex-wife of former Goldman Sachs Group Inc. banker Tim Leissner, is claiming shares worth around $93 million that he was ordered to forfeit as part of his 1MDB guilty plea actually belong to her.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayJPMorgan Sees Investors Moving to Gol  ( 39 min )
    OpenAI CEO Sam Altman says the remote work ‘experiment’ was a mistake—and ‘it’s over’
    Altman said one of the tech industry's biggest mistakes was thinking "startups didn't need to be together."  ( 39 min )
    The CEO of a massive private equity firm says he knows exactly what’s going on with the ‘non-recession’ recession we’re having right now
    All the rules say the U.S. should be in recession, but a billionaire investor says it's being contained to the rich.  ( 40 min )
    Dow Jones Roars Back, But Don't Go Wild Just Yet. What Investors Should Do Now.
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    Apple Defies the Trend. Why There’s Still Time to Buy the Stock.
    Smartphone shipments were down 13% in the first quarter industrywide, but Apple still managed to grow its iPhone sales.  ( 22 min )
    Adnoc, Apollo Offer $7.6 Billion for Brazil’s Braskem
    (Bloomberg) -- Braskem SA, one of the world’s top petrochemicals makers, received an offer of as much as 37.5 billion reais ($7.6 billion) from Abu Dhabi National Oil Co. and Apollo Global Management, according to people familiar with the matter. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Buoys Wall Street, Keeping Doubts on Future Growth at BayBMW Warns Owners ‘Do Not Drive’  ( 39 min )
    Top CD Rates Today, May 5
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Nvidia Stock Nearly Doubles In 2023 Amid AI Frenzy — Is It A Buy?
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    'A debacle in the financial markets ... will definitely have collateral damage in oil,' says analyst
    Lower oil prices have played out in tandem with the regional banking turmoil.  ( 39 min )
    Stocks close higher amid strong jobs data, regional bank recovery
    U.S. stocks closed Friday's trading session sharply higher as investors digested the Labor Department's closely watched April jobs report, which showed the U.S. labor market remains strong. Revisions for February and March numbers gave Wall Street hope the Fed would pause its rate hikes.  ( 41 min )
    Goldman Sachs Sees at Least 50% Gains in These 3 Chinese Stocks — Here’s Why They Could Soar
    In some important ways, the Chinese economy has lagged the US in recent years. The country held on to anti-COVID lockdown policies much longer than most others, but after nearly three years of restrictions it has finally been opening up. The result is a strong surge in growth, according to recent Chinese government data. The country’s GDP grew 4.5% in 1Q23, compared to 2.9% in 4Q22. A particular strength noted in the Chinese data was the 10.6% increase in March’s retail sales. Weaknesses include  ( 43 min )
    Are banks the new meme stocks?
    Amateur traders are making new bets against regional bank stocks as volatility continues to roil the industry.  ( 41 min )
    Nanobiotix Stock Triples In Trading Session: What's Going On With Stock On Friday
    Nanobiotix (NASDAQ: NBTX) shares gained more than 200% on Friday trading after it entered into final contract negotiations with a major global pharmaceutical company. In its Q4 earnings release, Nanobiotix raised going concerns. The company noted net losses of €57.0 million in 2022 and a net decrease in cash and cash equivalents of €42.5 million in 2022. Nanobiotix stock is gaining on heavy volume, with a session volume of 30.262 million shares traded. The company agreed to a non-binding term sh  ( 38 min )
    Jenny Craig, the Once-Highflying Weight-Loss Brand, Is Going Out of Business After 40 Years
    The company was famous for its personalized meal plans and celebrity endorsements.  ( 25 min )
    ‘No One Wants to Be Short’ Into Weekend Is Mantra Driving Bank Rally
    (Bloomberg) -- Friday’s staggering rally in the shares of beleaguered regional banks may have a simple explanation: short-covering. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskBMW Warns Owners ‘Do Not Drive’ 90,000 Cars Recalled Over Defective AirbagThe $2.7 b  ( 40 min )
    US Consumer Borrowing Climbs on Surge in Credit Card Balances
    (Bloomberg) -- US consumer borrowing increased in March by more than expected on one of the largest spikes in credit-card balances on record.Most Read from BloombergRussia Says It Has Billions of Indian Rupees That It Can’t UseJustice Thomas Ethics Review Questioned by US Court Leader in 2012SEC Investigates Trades by First Republic Executives Before Sale to JPMorganPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveThe 29 Credit Card Perks You’re Probably Not UsingTotal cred  ( 38 min )
    Apple isn’t playing the AI hype game
    The one thing missing from Apple's earnings call? A sense of AI hype.  ( 40 min )
    The big Boeing question hanging over Spirit AeroSystems
    Should Boeing buy back Spirit? The question is rippling through the aerospace industry.  ( 16 min )
    Forget Home Depot and Lowe’s. Here’s the Home Improvement Stock to Buy Now.
    The home improvement market’s traditionally strong spring season has been a lackluster one.  ( 23 min )
    What's Going On With PacWest Shares Today
    Shares of PacWest Bancorp (NASDAQ: PACW) are trading higher amid a rebound after the stock fell over 50% when the bank issued an update this week confirming reports it was weighing strategic options. What Happened? PacWest Bancorp on Wednesday issued a business update, confirming reports indicating it was weighing strategic options. The bank said potential partners and investors have approached it and "will continue to evaluate all options to maximize shareholder value." The news pressured the b  ( 38 min )
    American worker productivity is declining at the fastest rate in 75 years—and it could see CEOs go to war against WFH
    EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.  ( 41 min )
    IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go
    IBM CEO Arvind Krishna announced a hiring pause, but that’s not all. He also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce The transition will happen gradually over the next few years, with machines potentially taking over up t  ( 39 min )
    Charles Schwab Sees Hope for Renewed Growth in Holdings of Client Cash
    The firm said it is seeing fewer people move their money into better-yielding accounts to take advantage of higher interest rates.  ( 22 min )
    What's Going On With AMD Stock Friday
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading higher since reports surfaced claiming the chipmaker is working with Microsoft Corp (NASDAQ: MSFT) on Nvidia Corp (NASDAQ: NVDA) AI processor alternative. Reportedly, Microsoft, heavily invested in OpenAI's ChatGPT, is helping fund AMD's AI ambition shortly after AMD CEO Lisa Su shared its "big bet" on the generative AI boom in an interview on CNBC's "Squawk On The Street." This week, AMD reported its upbeat first-quarter earnings, fol  ( 38 min )
    Banks Held Back On Hiking Deposit Rates. But Now The Pressure Is On.
    Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?  ( 20 min )
    PacWest Stock Surges 80%, Regional Banks Recover After Selloff
    Midsize and small banks still nurse heavy losses for the week, which started with the collapse of First Republic.  ( 34 min )
    Stocks To Watch: Nvidia Partner Drives Liquid-Cooled AI Platform
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    Argentines Pulled $1 Billion From Bank Accounts in April Rush
    (Bloomberg) -- Argentines withdrew over $1 billion of US dollar deposits from the banking system from late March to the end of April as speculation spread about a potential currency devaluation in the official exchange rate.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizophrenia in Men, Stu  ( 38 min )
    Kraft Heinz CEO on Warren Buffett and the mac-and-cheese maker's turnaround
    Kraft Heinz CEO Miguel Patricio reveals his secret sauce powering the food giant's turnaround.  ( 41 min )
    Bud light sales, Dylan Mulvaney's beer ad and whether boycotts actually work
    Boycotts can “definitely” have an impact on a company’s public image, but experts say there is less evidence they have a long-term impact on revenue.  ( 41 min )
    Regional Bank Stocks Have Gotten Crushed. Why One Analyst Decided Now Was the Time to Upgrade Them.
    A JPMorgan rating increase has provided a boost to the sector.  ( 26 min )
    How Warren Buffett avoided damage from the current banking crisis
    The Oracle of Omaha sold a large portion of Berkshire’s holdings in US banks between 2020 and 2022, some just months before the banking system upheaval that began in mid March.  ( 43 min )
    ABNB Stock In Holding Pattern Ahead Of Q1 Results; Warren Buffett Favorite Occidental Petroleum Set To Report
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    Apellis Obliterates Sales Expectations; Is A Takeover In The Cards?
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    Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved
    At 68, I do not have any investments of any kind. My $80,000 condo is paid off, and I have $60,000 saved. Am I too late? -Bernhard It's never too late to start investing and managing your money. But I … Continue reading → The post Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved appeared first on SmartAsset Blog.  ( 39 min )
    DraftKings Stock Is Jumping. What Wall Street Is Saying About Earnings.
    The sports betting company posted an adjusted loss of 51 cents a share for the quarter, narrower than the 70-cent loss analysts had forecast.  ( 22 min )
    Fed Rate-Hike Pause No Reason to Buy Stocks, BofA Says
    (Bloomberg) -- The Federal Reserve may be signaling its willingness to pause rate hikes, but Bank of America Corp.’s Michael Hartnett says it’s not yet time to buy equities as outflows accelerate amid elevated inflation and recession fears. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsJPMorgan Sees Investors Moving to Gold,  ( 40 min )
    Bank Crisis: Bankers Call For Probe Into Short Sellers. Elizabeth Warren Wants Answers From First Republic.
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    Carvana stock surges as used-car dealer sees Q2 profit
    Beaten-down Carvana shares are surging on Friday after the largest online used car retailer in the country said it will report a profit in the 2nd quarter.  ( 39 min )
    American Express CEO on why Warren Buffett is a legendary investor
    American Express CEO Stephen Squeri has formed a tight bond with the company's largest shareholder Warren Buffett.  ( 41 min )
    Bolivian Bonds Jump After Senate Approves Bill to Monetize Gold
    (Bloomberg) -- Bolivian bonds jumped after the country’s Senate approved late Thursday a central bank bill that would allow the government to monetize its gold reserves, a key step to ease a dollar shortage and tame a growing financial crisis.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveApple Sees Biggest Rally of the Year After Sales Top EstimatesJPMorgan Sees Investors Moving to Gold, Tech Amid Recession RiskHeavy Marijuana Use Increases Schizo  ( 38 min )
    The Green Revolution Is Here. Which Big Miners Are Prepared?
    New U.S. legislation points to the world being short of copper in a few years. A few big mining firms could be huge beneficiaries.  ( 28 min )
    ‘Load Up,’ Says Raymond James About These 2 High-Yield Dividend Stocks
    On the heels of cooling inflation, the Federal Reserve announced Wednesday an increase in interest rates, as widely anticipated. The key rate has gone up by 25 basis points, bringing it to a range of 5% to 5.25%, which is the highest in 16 years. While Fed Chair Jerome Powell indicated a pause to the rate hikes might be on the menu in June, the probability for any rate cuts seems unlikely for now, at least until inflation starts showing signs it really is on the backfoot. Although this measure m  ( 42 min )
    How Much Money Do I Need to Retire at 55?
    If you're thinking of retiring early, you may be wondering how much you need to retire at age 55. The exact amount of income you should have put away is going to depend on different factors. But if you want … Continue reading → The post How Much Do You Need to Retire at 55? appeared first on SmartAsset Blog.  ( 40 min )
    What Does a $10 Million Retirement Look Like?
    A $10 million nest egg will pay for a comfortable retirement for the majority of retirement savers. However, whether that much is enough to fund any specific retiree's golden years depends on a number of factors. This includes pre-retirement lifestyle … Continue reading → The post Is $10 Million Enough to Retire? appeared first on SmartAsset Blog.  ( 39 min )
    Want to Invest in Real Estate? Make Sure You Know About This Rule First
    There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property's rental income should be at least 2% of the purchase … Continue reading → The post What Is the 2% Rule in Real Estate? appeared first on SmartAsset Blog.  ( 41 min )
    Have This Much Money in Your Savings Account? You Probably Owe Taxes
    You are required to report and pay federal taxes on any interest income you receive from a savings account. The income is taxed as unearned, which means you'll escape payroll taxes, but you will owe federal income tax on it … Continue reading → The post How Savings Accounts Are Taxed appeared first on SmartAsset Blog.  ( 40 min )
    How Can I Tell If I'm Rich?
    Openly discussing the topic can be uncomfortable. But you've probably wondered who can be considered truly rich and whether you fit that definition (or ever will). According to Schwab's 2022 Modern Wealth Survey, the average American thinks being rich means … Continue reading → The post How Do You Know If You Are Rich? appeared first on SmartAsset Blog.  ( 41 min )
    Investors await Warren Buffett's bank breakdown at Berkshire Meeting: Morning Brief
    Berkshire Hathaway's annual meeting couldn't come at a better time. With so much up in the air, everyone wants to know what Buffett will say.  ( 40 min )
    How Much Will I Make on a $1 Million Annuity Annually?
    The amount you collect from an annuity depends on when you invest, the return your specific annuity offers and the details of your particular contract. As a result, it's difficult to provide a specific answer to what any single person … Continue reading → The post How Much Would a $1 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 42 min )
    How Many Roth Conversions Does the IRS Allow?
    A Roth Individual Retirement Account (IRA) can offer tax benefits in the form of tax-free withdrawals in retirement. If you have a traditional IRA or 401(k), you can use a Roth conversion to change the tax status of your retirement … Continue reading → The post How Many Roth Conversions Can You Make Per Year? appeared first on SmartAsset Blog.  ( 41 min )
    Dow Jones Futures Rally 200 Points On Strong Jobs Report. AAPL Stock Jumps On Earnings.
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    AMC Stock Rises After Earnings Beat. It Cites Box Office Recovery.
    The indebted movie theater chain said it raised $155 million of cash through the sale of AMC Preferred Equity Units, or APEs, in the first quarter and it kept selling them in the current quarter.  ( 22 min )
    19 Banks Grasp For $32.6 Billion Government Lifeline: Report
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    Carvana Soars After Debt-Ridden Dealer Predicts Return to Profit
    (Bloomberg) -- Carvana Co.’s shares surged after the debt-ridden automobile retailer said it expected to report a profit this quarter following a string of losses.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinThe c  ( 39 min )
    Stock futures rise as investors await jobs data: Stock market news today
    U.S. stock futures rose Friday morning as investors await the Labor Department's closely watched April jobs report, set for release at 8:30am ET.  ( 41 min )
    Super Micro Computer One Chart Explaining the Runup
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    Warner Bros. Discovery posts wider Q1 loss, even as streaming turns to profit
    Warner Bros. Discovery reported quarterly earnings before the bell on Friday. Here's what to know.  ( 40 min )
    Top Funds Back Up The Truck To Bet Billions On These 10 Stocks
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    ‘I retired, then Mark Cuban called me out of nowhere with a job offer’: How the first female CEO of the Dallas Mavericks scored the top job
    Cynt Marshall is the first black woman to lead an NBA side—but it was never part of her plan.  ( 39 min )
    These Stocks Are Moving the Most Today: Apple, Carvana, Coinbase, DraftKings, Lyft, and More
    Apple's better-than-expected fiscal second-quarter revenue is driven by strong iPhone sales, Carvana's first-quarter loss narrows, and results at Coinbase get a boost from Bitcoin's rally this year.  ( 22 min )
    Short Sellers Flocking to US Banks Are Risking a Painful Squeeze
    (Bloomberg) -- Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers. Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarApple Shares Rise After iPhone Bounces Back, Sales Top EstimatesHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsTD, First Horizon End  ( 40 min )
    Chinese Resort Island at Center of Alleged Green Fuel Fraud
    (Bloomberg) -- A resort island off southern China, best known for its balmy weather and sandy beaches, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones t  ( 39 min )
    PacWest Leads Regional Bank Stock Rebound After Bruising Rout
    (Bloomberg) -- PacWest Bancorp led a rebound across US regional banking stocks following a bruising week of losses, amid escalating worries over the health of the industry following the recent collapse of several lenders.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesHeavy  ( 39 min )
    Russia Used Energy as a Weapon. Now Europe Can Turn the Tables.
    Russia has lost the leverage it once had. Europe has an excellent opportunity to retaliate, writes Borys Dodonov.  ( 32 min )
    Top Greater China Fund Raises Concern Over TSMC After Buffett
    (Bloomberg) -- A top Greater China fund is joining Warren Buffett in voicing concerns over Taiwan Semiconductor Manufacturing Co.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinUni-President Asset Management Corp.’s  ( 40 min )
    ChatGPT Will Disrupt Many Jobs. These Are the Most at Risk.
    Highly educated and highly-paid white-collar occupations may be most exposed to generative AI.  ( 22 min )
    Brace yourselves, the banking crisis is just getting started
    If Jamie Dimon was pondering a career change as a fortune-teller, he’d be wise to stick to the day job. On the other hand, if someone of Dimon’s stature could be so wrong about the banking turmoil that continues to sweep across the US, a cynic might ask whether he was still the right person to be running one of the world’s largest financial institutions, particularly when that organisation is right at the centre of Government-led efforts to prop up the whole system.  ( 40 min )
    Rio Tinto Cautions Against Takeover Fever After Lithium's Dramatic Price Slump
    (Bloomberg) -- Lithium’s dramatic price slump has mining heavyweights chasing takeovers of companies with early stage or pre-production projects. But one giant is warning that offering high premiums for smaller miners comes with risks.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top  ( 40 min )
    Here are the 6 proposals Berkshire Hathaway investors will vote on this weekend - including removing Warren Buffett as chairman and requiring the company stay out of political discussions
    Despite Berkshire Hathaway's outperformance relative to the S&P 500, one investor is calling for the removal of Warren Buffett as its chairman.  ( 40 min )
    Google Is Falling Behind in AI Arms Race, Senior Engineer Warns
    (Bloomberg) -- A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages  ( 40 min )
    ‘Don’t let the earnings beats fool you’: Morgan Stanley advises investors to temper their optimism amidst a looming recession — use these 2 stocks for protection
    There’s been an upsurge of positive sentiment recently, as the 1Q23 earnings reports have been better than expected. Late last week, with 53% of the S&P companies having reported, 79% had beaten the EPS estimates. This is a historically high number, above both the 5- and 10-year averages, and the aggregate beat, of 6.9%, is above the average beat of 6.4% over the past decade. Morgan Stanley’s chief investment officer Mike Wilson notes that this has investors expecting a ‘meaningful upward inflec  ( 42 min )
    Apple CEO Sees India at ‘Tipping Point’ as China Pivot Quickens
    (Bloomberg) -- Apple Inc. chief Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the world’s most populous country is on the cusp of becoming both a major market and production base.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is  ( 39 min )
    Alibaba’s Global Online Commerce Arm Weighs a US IPO
    (Bloomberg) -- Alibaba Group Holding Ltd.’s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top E  ( 40 min )
  • Open

    What Is a Pension? Types of Plans and Taxation
    A pension plan is an employee benefit that commits the employer to make regular payments to the employee in retirement.  ( 33 min )
    Investor Relations (IR): Definition, Career Path, and Example
    The investor relations (IR) department is a division of a business whose job it is to provide investors with an accurate account of company affairs.  ( 24 min )
    Carvana Shares Jump on Smaller Loss, Outlook
    Online used car retailer Carvana (CVNA) posted better-than-expected results and said its adjusted earnings would be positive for the current quarter.  ( 16 min )
    Markets Lifted by Bank Stocks, Apple
    U.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses.  ( 16 min )
    Black-Scholes Model: What It Is, How It Works, Options Formula
    The Black-Scholes model is a mathematical equation used for pricing options contracts and other derivatives, using time and other variables.  ( 30 min )
    Dow Jones Today: Apple Juices Index to Rebound
    Visa, American Express and JP Morgan rode a surge in the banking sector, while oil prices moved Chevron shares higher  ( 16 min )
    Top CD Rates Today, May 5
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Top Savings Account Rates Today, May 5
    See how the top nationwide rates on high-yield savings accounts are trending. Our rate data is checked daily for almost 100 financial institutions.  ( 17 min )
    How to Attend Berkshire Hathaway's Annual Meeting
    An overview of what is required to go to the Berkshire Hathaway Annual General Meeting.  ( 21 min )
    Closed Fund Definition
    A closed fund is a fund that is closed to investors, either temporarily or permanently. Learn why funds close and what this means to your investment.  ( 19 min )
    How Mortgage Lenders Verify Employment
    Discover how mortgage lenders confirm your current employment situation. Also, learn what to do when employers refuse to verify employment.  ( 19 min )
    How to Lower Your Credit Card Interest Rate
    Reducing the interest rate charged on your credit card balance is the first step to getting out of debt. Learn techniques to become debt-free.  ( 26 min )
    White House Says It Will Look at AI Rules, Legislation
    Officials lay out principles on safety and security, while lawmakers, agencies look to rein in emerging AI technology.  ( 17 min )
    What Happened to First Republic Bank?
    First Republic Bank’s collapse was due to several factors, including its high levels of uninsured deposits and broader concerns about the stability of regional banks.  ( 26 min )
    Today's Mortgage Rates & Trends - May 5, 2023: Rates Mixed
    Rates on 30-year mortgages inched just slightly up, remaining near a three-week low. Movement on other averages was mixed, mostly by small increments.  ( 18 min )
    Robinhood's Cash Account Now Pays 4.65%. Here's How It Compares.
    Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 16 min )
    Banks Held Back On Hiking Deposit Rates. But Now The Pressure Is On.
    Banks are borrowing at and charging high interest rates in lockstep with the Federal Reserve. Why aren't they offering that to their depositors?  ( 20 min )
    Top Stocks for May 2023
    Southwestern Energy, New York Community Bancorp, and First Solar are top stocks in Russell 1000 for value, growth, and momentum, respectively  ( 22 min )
    Family of Funds
    A family of funds includes all of the funds managed by one investment company.  ( 18 min )
    How Long Does it Take for Brokers to Confirm a Trade?
    Learn how much time it takes for brokers to receive confirmation of different types of orders, such as buying and selling stock.  ( 22 min )
    Sliding Oil Market Likely Reduced Occidental Petroleum's Quarterly Profit
    Lower first-quarter oil prices likely translated into declining profits for Houston-based Occidental Petroleum.  ( 17 min )
    House Maintenance Requirement Definition
    A house maintenance requirement is the level of minimum margin account equity that is required by a brokerage firm.  ( 21 min )
    Loan Calculator
    Whether you’re buying a car, a home, or paying for college, you may need more money for a purchase or a bill than you have in savings.  ( 18 min )
    Street Name: Meaning, Overview, Advantages and Disadvantages
    "In street name" is a slang term used to describe a brokerage that holds securities on behalf of a client.  ( 22 min )
    What Is Cost Basis? Workings, Calculation, Example
    Cost basis is the original value or purchase price of an asset or investment for tax purposes.  ( 29 min )
    Chase Launches New Air Canada Credit Card
    The new Chase Aeroplan World Elite Mastercard Credit Card offers a big sign-up bonus, bonus rewards on everyday spending categories, and other perks.  ( 19 min )
    Amortization Calculator
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    Forward Price: Definition, Formulas for Calculation, and Example
    The predetermined delivery price of a forward contract, as agreed on and calculated by the buyer and seller.  ( 23 min )
    Unemployment Mostly Remains Steady in April
    The unemployment rate has remained between 3.4% and 3.7% for more than a year, despite fears that the labor market may succumb to interest rate pressures.  ( 16 min )
    5 Things to Know Before Markets Open
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    First Republic Takeover Cuts Emergency Bank Lending
    FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.  ( 18 min )
    E*TRADE Core Portfolios vs. Fidelity Go
    You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.  ( 24 min )
    The Pros and Cons of Sports Investing
    Learn more about sports investing before you dive into an investment related to your favorite teams. We've got the pros and cons of sports investing.  ( 21 min )
  • Open

    Top Stocks for May 2023
    Southwestern Energy, New York Community Bancorp, and First Solar are top stocks in Russell 1000 for value, growth, and momentum, respectively  ( 1 min )
    5 Things to Know Before Markets Open
    The Labor Department will release its monthly job report and the FDIC is reportedly planning to make big banks cover the fees for recent rescues. Here’s what investors need to know today.  ( 1 min )
    Markets Drop on Renewed Bank Worries
    U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.  ( 1 min )
  • Open

    Ondanks pijnlijke breuk met rapper Ye maakte adidas toch winst
    Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf noemt de stukgelopen samenwerking wel pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en levert veel kopzorgen op.  ( 1 min )
    Winst van adidas is niet helemaal verloren gegaan na breuk met rapper Ye
    Ondanks de kostbare breuk met rapper Ye maakte adidas 60 miljoen euro winst in het eerste kwartaal van 2023. De CEO van het bedrijf vindt de stukgelopen samenwerking toch pijnlijk. Het kost adidas tot nu toe al zo'n 400 miljoen euro en het zorgt voor een hoop kopzorgen.  ( 3 min )
    DNB waarschuwt voor Turkse lira's die op euro's lijken
    Turkse munten die op euro's lijken, zijn momenteel in omloop in Nederland. Wie met contant geld betaalt, moet daarom goed naar het wisselgeld kijken, waarschuwt De Nederlandsche Bank (DNB). De Turkse muntstukken zijn lang niet zoveel waard als euro's.  ( 3 min )
    Veel mensen doen op het nippertje nog beroep op energiesteun
    Het Tijdelijk Noodfonds Energie heeft in totaal meer dan 165.000 aanvragen binnengekregen voor energiesteun. Het fonds was een week langer beschikbaar omdat nog zoveel mensen vlak voor de deadline een aanvraag deden.  ( 3 min )
    Prijzen van basisvoedsel als suiker en vlees voor het eerst in een jaar gestegen
    Marktprijzen voor basisvoedsel als suiker en vlees zijn voor het eerst sinds april 2022 gestegen. De stijging kan gevolgen hebben voor hoeveel geld we kwijt zijn in de supermarkt.  ( 3 min )
    ECB verwacht dat inflatie pas in 2025 terugkeert op 2 procent
    De inflatie zal pas in 2025 in rustiger vaarwater komen. De beoogde 2 procent wordt pas over twee jaar bereikt, verwacht Europese Centrale Bank-bestuurder François Villeroy de Galhau.  ( 4 min )
    Nog meer kleinere banken in de VS in de problemen
    Nadat onlangs al drie banken in de Verenigde Staten kopje-onder waren gegaan, staan nu opnieuw enkele banken onder druk. Zo verloor PacWest donderdag meer dan de helft van zijn beurswaarde.  ( 4 min )
    Witte Huis wijst techbedrijven op hun morele plicht om AI veilig te houden
    Techbedrijven hebben de morele plicht om ervoor te zorgen dat systemen voor kunstmatige intelligentie (AI) veilig zijn, vindt de Amerikaanse vicepresident Kamala Harris.  ( 4 min )
    KLM in de rode cijfers ondanks vollere vliegtuigen
    Vliegmaatschappij KLM vervoerde in de eerste drie maanden van dit jaar meer reizigers dan vorig jaar en wist ook zijn ticketprijzen op te voeren. Toch moest de vliegmaatschappij een operationeel verlies van 128 miljoen euro in de boeken zetten door gestegen kosten, onder meer door duurdere kerosine.  ( 4 min )
    Duurdere iPhone beperkt omzetdaling van Apple
    Apple heeft afgelopen kwartaal minder omzet gemaakt dan in dezelfde periode vorig jaar. Er gingen minder computers en tablets over de toonbank. De iPhone-producent verdiende nog wel meer geld aan de verkoop van iPhones en diensten zoals de verkoop van apps in de App Store.  ( 4 min )
    Zorgen over wegvallen belastingvoordeel ouders nu kinderopvangtoeslag blijft
    In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."  ( 6 min )
    Twintig jaar LinkedIn: 'Er staan steeds vaker ook persoonlijke verhalen op'
    In twintig jaar is LinkedIn uitgegroeid van een digitale cv-database tot dé plek waar mensen lief en leed vanaf de werkvloer delen. De toon op het netwerk wordt steeds minder zakelijk. Maar niet iedereen zit daarop te wachten.  ( 6 min )
    Verhogingen kinderopvangtoeslag nemen zorgen van de branche niet weg
    In de eindfase van de omstreden kinderopvangtoeslag wil het kabinet de toeslag tweemaal verhogen om de opvang goedkoper te maken. In diezelfde periode vervalt een belastingvoordeel voor kersverse ouders. Hoewel de plannen nog niet definitief zijn, maakt de opvangsector zich zorgen: "Ouders zijn echt de dupe."  ( 6 min )
  • Open

    First Republic Takeover Cuts Emergency Bank Lending
    FDIC is providing $228.2 billion in lending for Silicon Valley, Signature, and First Republic takeovers.  ( 1 min )
    Paramount Global Misses Estimates and Cuts Its Dividend
    Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.  ( 1 min )
    Kenvue Shares Jump on First Day of Trading
    Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 1 min )

  • Open

    What Is Credit Card Funding?
    Credit card funding is using a credit card account to fund a new financial account or business venture.  ( 20 min )
    Kenvue Shares Jump on First Day of Trading
    Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, jumped higher on May 4, 2023, their first day on the markets.  ( 16 min )
    Paramount Global Misses Estimates and Cuts Its Dividend
    Shares of Paramount Global (PARA) slid 28% on May 4, 2023, as the company missed profit and revenue estimates and slashed its quarterly dividend.  ( 16 min )
    Top CD Rates Today, May 4
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )
    Apple Gains on Record Services Revenue, $90 Billion Stock Buyback
    Apple shares gained after a strong second-quarter earnings report, with a March record for iPhone sales, an all-time high for services revenue and a $90 billion stock buyback.  ( 16 min )
    Markets Drop on Renewed Bank Worries
    U.S. equities indexes moved lower on May 4, 2023, on renewed concerns about the strength of the banking sector.  ( 16 min )
    Today's Mortgage Rates & Trends - May 4, 2023: Rates Drop
    The 30-year mortgage average gave up an eighth of a point, dropping it to its lowest level in almost three weeks. Other rates were down almost across the board.  ( 18 min )
    529 Savings Plan vs. Roth IRA for College
    529 plans are for education, and Roth IRAs are for retirement. But you can use either—or both—of these tax-advantaged plans to boost college savings.  ( 29 min )
    Dow Jones Today: Index Goes Negative For Year
    The Dow drops more than 300 points led by a Disney dive on rival Paramount's poor advertising and streaming results.  ( 16 min )
    Coverdell Education Savings Account (ESA): How They Work
    A Coverdell education savings account is a trust that assists families with educational expenses.  ( 23 min )
    Third-Party Administrator (TPA): Definition and Types
    A third-party administrator provides operational services such as claims processing and employee benefits management under contract to another company.  ( 23 min )
    Who Is Sarah Bloom Raskin?
    Sarah Bloom Raskin is an American attorney and regulator who has served both as the deputy secretary of the U.S. Treasury Department and as a governor of the Federal Reserve Board.  ( 22 min )
    Long Term: Definition in Investing for Companies and Individuals
    "Long term" refers to the extended period of time that an asset is held. Depending on the type of security, a long-term asset can be held for one year or many years.  ( 22 min )
    Growth Curve: Definition, How They're Used, and Example
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  • Open

    Apple's second-quarter revenue and earnings come in above estimates
    Apple's financial results came in above estimates in both revenue and earnings per share. The tech company reported on its second quarter Thursday afternoon.  ( 39 min )
    Kenvue Shares Jump on First Day of Trading
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    Dow Jones Futures: Apple Earnings Top, DraftKings Soars After PacWest Bancorp Slams Market
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    Icahn Enterprises Issues Dividend After Hindenburg Attack
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    Fortinet Earnings, Revenue Top Estimates On Cybersecurity Resilience
    No content preview
    Apple Gains on Record Services Revenue, $90 Billion Stock Buyback
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    Block’s Earnings Beat Expectations, Driven by Cash App. The Stock Is Rising.
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    Apple posts quarterly revenue decline; iPhone sales solid
    Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid. The results reported Thursday were better than Wall Street's muted expectations and Apple's stock inched higher in after-hours trading. The latest numbers come after the Cupertino, California, company in February posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.  ( 38 min )
    Apple is not pulling back on stock buybacks
    In a quarterly earnings release, Apple announced (pdf) it would allow $90 billion in share buybacks this year, in line with last year’s figure, as the company continues to flex its financial muscle in the face of declining revenue.  ( 37 min )
    Apple Tops March-Quarter Forecasts On Strong Sales In iPhones, Services
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    How Apple stock became one of Warren Buffett's four 'jewels'
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    AMD Stock Rises On Report Of Team-Up With Microsoft On AI Chips
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    What Bank Turmoil? Insiders Are Scooping Up Bank Stocks.
    Insiders at Zions Bancorp, U.S. Bancorp, and other bank bought up stock on the open market in late April and early May.  ( 39 min )
    A fix for the banking bust is coming into view
    Momentum is growing to enact unlimited deposit insurance, even among anti-bailout free marketeers.  ( 43 min )
    Trading halted in shares of two more US lenders as fears of banking crisis mount
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    Why Bausch Health Stock Is Tumbling Today
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    Cleveland-Cliffs CEO Lourenco Goncalves Bought Up the Slumping Steel Stock
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    Costco offering $2,500 off Volvo EVs, $1,000 off other models
    Costco members looking for a stylish Volvo electric vehicle will need to act fast for a big discount. The membership warehouse club is currently offering $2,500 off the price of new 2023 or 2024 Volvo XC40 Recharge and C40 Recharge SUVs. These two models are currently the only full EVs Volvo has on offer, and Costco members qualify for the discounts if they buy or lease.  ( 39 min )
    IBM’s CEO says we ‘work better when we are together’ on the same week he announced plans to cut all jobs that A.I. can do
    IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.  ( 41 min )
    Anheuser-Busch CEO: 'Too early' to see full sales impact of Dylan Mulvaney controversy, called promo 'one post'
    Michel Dimitrios Doukeris, Anheuser-Busch InBev's (BUD) CEO, took a few minutes on Thursday's earnings call with investors to address the backlash the company is facing. Here's what he had to say.  ( 40 min )
    Short Sellers Lose $64 Million on One Regional Bank Stock Bucking Turmoil
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    Looking For Passive Income? These Dividend Stocks Yield Up To 13.4% — And Wall Street Sees Major Upside In Them
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    J&J consumer brand spinoff Kenvue debuts on NYSE
    J&J's consumer brand spinoff debuts on the NYSE Thursday.  ( 40 min )
    Billionaire investing royalty is scared about more bank failures: ‘We are running out of time to fix this problem’
    Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.  ( 40 min )
    Paramount’s Slashed Dividend Will Cost It
    The involvement of Warren Buffett, who highly values dividend payers, has helped sustain Paramount’s stock through the streaming market’s reset.  ( 26 min )
    What's Going On With AMD Stock Today
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    BUD Stock Pops After Earnings. What Bud Light Controversy?
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    Kenvue's IPO Extravaganza: A Historic $41 Billion Spinoff from Johnson & Johnson
    Johnson & Johnson's (NYSE: JNJ) consumer-healthcare business carve-out, Kenvue Inc, priced its upsized initial public offering of 172.8 million shares at $22.00 per share. The IPO values Kenvue at about $41 billion. The offering was priced at the higher end of the $20 to $23 targeted range, with about 10% more shares sold than planned. Kenvue has granted the underwriters an option to purchase up to 25.9 million shares. Kenvue's common stock has been approved for listing on the New York Stock Exc  ( 38 min )
    The Big I Bond Letdown Comes With a Silver Lining
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    Everyone in the banking space is 'a little too happy' right now: Top money manager
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    Sunrun, SunPower Slump After Marketing Expenses Led to Losses
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    US banking crisis: Close to 190 banks could collapse, according to study
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    Lyft Q1 earnings beat expectations, but gloomy outlook sends shares falling
    Ride-sharing firm Lyft reported its Q1 earnings on Thursday.  ( 39 min )
    BUD Stock Rises On Anheuser-Busch Earnings Beat; Bud Light Boycott Causes Hangover
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    Billionaire Stanley Druckenmiller Says a Hard-Landing Recession Is in the Cards, but Stays Heavily Invested in These 2 Stocks
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    Apple Q2 earnings preview: Revenue expected to drop again, with Macs leading decline
    Apple will report its Q2 earnings after the bell on Thursday, with Wall Street expecting revenue to fall nearly 5% year-over-year.  ( 39 min )
    Bud Light Maker Offers Financial Support to Workers Targeted Over Dylan Mulvaney Backlash
    Anheuser-Busch said it would triple its U.S. marketing spending on the brand this summer after the turmoil dented sales.  ( 28 min )
    Intel CEO Pat Gelsinger Buys Up Stock After Earnings
    The chipmakerhasn’t gotten a sustained lift from a beat-and-raise quarter. The CEO bought $250,000 worth of the stock.  ( 38 min )
    CEO distances Anheuser-Busch from Bud Light Dylan Mulvaney controversy: 'Not a formal campaign'
    Anheuser-Busch CEO Michel Doukeris distanced Bud Light from transgender influencer Dylan Mulvaney on an earnings call with investors Thursday, claiming Bud Light partnered with Mulvaney for "one post," not a campaign.  ( 39 min )
    Is TLRY Stock A Buy After Launching New Products And Expected Smaller Losses?
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    Stock slip as regional banks tank: Stock market news today
    Concerns at PacWest weighed on the regional banking sector on Thursday.  ( 39 min )
    Beaten-Up Block Reports Earnings Thursday. Here’s What to Expect.
    Block stock has faced headwinds since March after a critical report from a short-seller. Solid earnings could boost confidence in the fintech group.  ( 35 min )
    Wayfair Sees Road to Profitability. The Stock Is Jumping.
    The online furniture retailer said it expects to achieve a positive result in terms of adjusted Ebitda as soon as this quarter.  ( 35 min )
    Moderna Jumps After Unexpectedly Reporting Profit In The First Quarter
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    Novo Nordisk Stock Skids As Obesity Drug Wegovy Misses Expectations
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    Shares in two more US banks plunge as crisis fears spread
    US regional banks have been wracked by fears of contagion as PacWest attempted to calm investors after its shares plunged as much as 60pc overnight.  ( 40 min )
    Ask an Advisor: I Have $225K in the Stock Market. Should I Cash Out Some of It?
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    I Got a Large Cash Inheritance. Am I Going to Owe Taxes on It?
    If someone close to you has died, the last thing you may want to talk about is money. However, in order to honor their final wishes, you'll need to follow their will (if they left one) or potentially go to … Continue reading → The post How to Deposit a Large Cash Inheritance appeared first on SmartAsset Blog.  ( 40 min )
    This 'Golden Ratio' Could Change The Way You Budget Forever
    There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.  ( 39 min )
    Dow Jones Futures Fall After Jobless Claims; PacWest Crashes 45% On Possible Sale
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    Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year
    I will be 72 years old on Feb. 10, 2023. I have a traditional individual retirement (IRA) account. Most of the money is tied in stocks, and the stocks this year are way down. If I sell to pay the … Continue reading → The post Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year appeared first on SmartAsset Blog.  ( 41 min )
    A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid
    A qualified income trust (or QIT) is a special form of trust designed to help people receive long-term care benefits under Medicaid. It is intended for people who make too much money to receive long-term or residential-care benefits under the … Continue reading → The post A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid appeared first on SmartAsset Blog.  ( 41 min )
    Regeneron Pharma Dives As Competition Undercuts Its Biggest Moneymaker
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    Weight-Loss Drugs Will Be Blockbusters. Here’s the Stock to Buy.
    Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.  ( 37 min )
    Plummeting bank stocks test predictions that worst of the crisis is over
    PacWest and other regional banks plunged overnight on a wave of new pessimism about the industry  ( 43 min )
    Private Equity Apollo Global Nears Arconic $3B Deal: Report
    Apollo Global Management Inc (NYSE: APO) is reportedly close to taking Arconic Corporation (NYSE: ARNC) private in a roughly $3 billion deal. The deal is set to value Arconic at $30/share. Assuming the talks don’t fall apart at the last minute, the announcement to come by the time Arconic reports its results Thursday, Wall Street Journal reported citing people close to the matter. The industrial company, separated in 2016 from Alcoa Corp (NYSE: AA), has a hefty debt load of more than $1.5 billio  ( 38 min )
    Paramount Posts Earnings Loss on $1.7 Billion Charge, Cuts Dividend
    The media company said the charges are tied to a plan to remove certain programming as it combines streaming platforms. Shares fell more than 15% premarket.  ( 25 min )
    Investors Fear 12 Major Banks Are Still A Hot Mess
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    Shopify Stock Surges on Surprise Profit, Plans to Cut 20% of Staff, and Sale of Logistics Business
    Wall Street had expected the e-commerce software company to post a fiscal first-quarter loss.  ( 43 min )
    Peloton Losses Narrow as Subscription Business Stabilizes
    The exercise-equipment company said quarterly revenue declined 22% as demand for connected fitness equipment continued to fall.  ( 25 min )
    PayPal's Profit Could Get 50% Boost from Cost Cuts in Q1
    PayPal's net income is expected to rise 53% after the company reined in costs during Q1 2023 amid a challenging economy.  ( 19 min )
    The banking crisis isn’t over. But how bad will it get?
    Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan. It was the second-largest bank failure in U.S. history and the third failure of a midsize lender in two months.  ( 43 min )
    Datadog Delivers Q1 Earnings Beat Amid Worries Over Cloud Computing
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    Zoetis Stock Falls Amid Mixed Earnings Report
    The animal health provider maintained its guidance for full year 2023 after first quarter earnings beat expectations.  ( 42 min )
    Shopify Surprises With Earnings, Sells Logistics Business To Flexport; SHOP Stock Is Surging
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    Paramount stock plummets after earnings miss, dividend cut
    Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 41 min )
    Paramount stock plummets after earnings miss, dividend cut
    Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 40 min )
    Paramount stock plummets after earnings show widening streaming losses, ad softness
    Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.  ( 40 min )
    Toronto-Dominion Bank, First Horizon Terminate Merger Agreement
    The companies said the decision was made after TD Bank considered that obtaining the regulatory prerequisites wasn’t certain.  ( 25 min )
    Moderna Posts Earnings Beat. There’s Good News on Covid Vaccines Too.
    The biotech reports first-quarter profit of 19 cents a share, beating estimates of a $1.75 loss. Moderna also reiterates its Covid-19 vaccine sales outlook.  ( 37 min )
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    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Oil Prices Under Pressure on Economic Fears and Gusher of Russian Supply
    With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.  ( 26 min )
    Remote work has become a bargaining chip–and that’s problematic
    Employers think remote work is merely a benefit they can roll back in times of economic hardship–but there are deeper issues at stake.  ( 40 min )
    AB InBev avoided talking about Bud Light in its better-than-expected earnings
    The world’s largest brewer finally has another reason for making headlines besides its Bud Light marketing blunder: Stellar earnings.  ( 41 min )
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    One of the most successful stock pickers of all time admitted years ago that he was “dead wrong” on an earlier oil-company investment. What’s changed for Berkshire Hathway?  ( 28 min )
    Apple Set to Report Weaker Sales for Second Straight Quarter
    The iPhone maker is expected to report that its sales declined as demand has waned for some of its products after reaching record levels during the pandemic.  ( 27 min )
    Shell to hand $12bn back to shareholders after record profits
    Shell is to hand $12bn (£9.6bn) back to shareholders after posting a record quarterly profit of $9.7bn, triggering fresh calls for a bigger windfall tax on energy companies.  ( 39 min )
    Shell Beats Estimates With Profit of Nearly $10 Billion, Sets $4 Billion Buyback
    First-quarter earnings at Shell were $9.7 billion, slightly lower than the fourth quarter, but substantially higher than analysts' estimates of $8 billion.  ( 33 min )
    Two more US banks plunge as crisis fears spread - latest updates
    PacWest shares plummeted by 50pc in after hours trading in New York amid talks of a rescue for the US regional bank.  ( 41 min )
    Apple Reports Earnings Today. It Looks to Extend Big Tech’s Streak.
    Shares of the iPhone maker are up 31% this year, though Wall Street is forecasting another year-over-year sales decline in the latest quarter.  ( 34 min )
    PacWest Moves to Calm Market After Rout, Says Deposits Rose
    (Bloomberg) -- PacWest Bancorp said deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Reco  ( 39 min )
    Treasury Yields May Fall to 2% as Gundlach, Banks Eye Recession
    (Bloomberg) -- The rally in US Treasuries is set to accelerate as the world’s biggest economy slides toward a recession, analysts say.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItBenchmark 10-year yields may fall to as  ( 39 min )
    Coinbase Earnings Are Coming. Another Bad Quarter Isn’t Even the Biggest Worry.
    Coinbase is expected to report a first-quarter loss of $1.98 a share on Thursday, but many analysts are more focused on the regulatory backdrop.  ( 34 min )
    Dow Jones Futures Rise On PacWest Update After PACW Dives On Sale Report; Apple Earnings On Tap
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    Weight-Loss Drugs Will Be Blockbusters. Here’s the Stock to Buy.
    Weight-loss drugs from companies such as Eli Lilly and Novo Nordisk are poised to become big sellers. It isn’t too late to invest.  ( 37 min )
    Oil’s Dramatic Open Leaves Traders Puzzled After WTI Crashes
    (Bloomberg) -- After a wave of selling over the last week it was little surprise when US crude futures opened lower on Thursday, but few traders were braced for the 7.2% plunge that unfolded in the first dramatic minutes of trading.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeri  ( 39 min )
    Pushback Against Powell’s Prognosis Comes Almost Immediately
    (Bloomberg) -- Within hours of the Federal Reserve’s latest policy decision, traders and commentators alike had started to challenge Chair Jerome Powell’s assessment of the economy.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Rights Record as China Worries DeepenNigeria Targeted a UK Mansion; Its Next Leader’s Son Now  ( 40 min )
    Oil’s Chaotic Selloff Worsens With 7.2% Tumble at Asia Open
    (Bloomberg) -- Oil sank to its lowest since 2021 as weak demand data from the US added to concerns that the global economy is set for a recession.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportWest Texas Interm  ( 38 min )
    Here's what the Fed should say to curb market volatility amid bank tremors, sticky inflation, and higher rates, according to Mohamed El-Erian
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    Another bank failure? PacWest reportedly seeks buyers after stock drop
    Another regional bank, PacWest Bancorp, is mulling a sale or other moves, according to Bloomberg. Raising capital and breaking up its businesses are other options.  ( 39 min )
    J&J’s Kenvue Prices IPO at $22 Per Share
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    Apollo Global-Led Group Nears Deal to Buy Arconic
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    Lithium Maker Albemarle Absolutely Crushed Earnings. The Stock Is Dropping.
    Wednesday evening, Albemarle reported first-quarter adjusted earnings per share of $10.32 from sales of $2.6 billion. Wall Street was looking for $7 and $2.7 billion, respectively.  ( 34 min )
  • Open

    PacWest, First Horizon, Western Alliance Big Losers As Regional Bank Shares Tank
    Shares of PacWest Bancorp, First Horizon and Western Alliance, down 46%, 34% and 30%, led a broader intra-day trading rout in the stocks of U.S. regional and mid-sized banks.  ( 1 min )
    5 Things to Know Before Markets Open
    PacWest shares fell over 40% in pre-market trading amid reports it's exploring options that include a sale, and the European Central Bank is expected to hike rates to curb inflation. Here’s what investors need to know today.  ( 1 min )
  • Open

    Waakhond vindt niet dat energiebedrijven woekerwinsten maakten tijdens crisis
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    Energiebedrijven maakten volgens ACM geen woekerwinsten tijdens crisis
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    ECB verhoogt rente nog eens om inflatie te temmen
    De Europese Centrale Bank (ECB) heeft haar belangrijkste rentetarief opnieuw verhoogd. Belangrijkste doel is om de inflatie terug te brengen richting de 2 procent. Tot nu toe is de inflatie ondanks zes eerdere renteverhogingen hooguit gestabiliseerd.  ( 4 min )
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    Het duurt nog enkele dagen voordat alle winkels van Albert Heijn in ons land optimaal bevoorraad zijn. De werkzaamheden in de verschillende distributiecentra zijn opgestart. Vooral in het noordoosten en zuidwesten van het land is er gebrek aan verse en houdbare producten.  ( 3 min )
    Enige autofabriek van Nederland ligt plat door staking
    Honderden medewerkers van autofabrikant VDL Nedcar in het Limburgse Born zijn donderdagochtend opnieuw in staking gegaan. Onderhandelingen tussen de vakbonden en de directie van de fabriek liepen eerder deze week vast, waarna woensdag een wilde staking uitbrak.  ( 4 min )
    Grote staking bij autofabrikant VDL Nedcar in Limburg
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    Vollere winkelmandjes bezorgen Zalando meer omzet, maar geen winst
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    Finse krant omzeilt Russische censuur via schietspel Counter-Strike
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    Omstreden Sanderink krijgt alvast opvolger tijdens schorsing bij Strukton
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    Werkgevers moeten strooien met extra's in strijd om personeel
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    Opnieuw miljardenwinst voor Shell ondanks lagere prijzen olie en gas
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    Gascrisis lijkt volgens energieagentschap IEA grotendeels voorbij
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    Albert Heijn en vakbonden gaan weer om tafel: stakingen voorlopig opgeschort
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    Slechts 3 procent 'rechtvaardig' klimaatpakket Jetten voor mensen in armoede
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    Albert Heijn en vakbonden gaan om tafel, stakingen voorlopig opgeschort
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    De rentes gaan omhoog, en dat doet steeds meer pijn
    De Europese Centrale Bank verhoogt haar rente vandaag waarschijnlijk opnieuw. Dat zou de zevende keer in minder dan een jaar tijd zijn. De verhogingen moeten de inflatie beteugelen, maar doen op steeds meer manieren juist pijn.  ( 5 min )
    Meeste subsidies uit 'rechtvaardig' klimaatpakket Jetten gaan naar bedrijven
    "Rechtvaardig, uitvoerbaar en ambitieus." Die woorden omschrijven volgens klimaatminister Rob Jetten zijn pakket maatregelen om de CO2-uitstoot extra terug te dringen. Toch gaat maar een klein puntje van de subsidietaart naar mensen in (energie)armoede. Een flink deel gaat naar de industrie en naar waterstofproductie.  ( 7 min )
  • Open

    PacWest's Shares Plummet as It Considers Possible Sale
    A report indicating PacWest Bancorp has begun considering options including a possible sale, slashed more than half of the bank's market value in extended hours trading Wednesday.  ( 1 min )
    JPMorgan's First Republic Buy Is Eerily Similar To Its 2008 Bear Stearns Purchase
    JPMorgan's First Republic Bank purchase includes loss-sharing deal with FDIC, similar to its 2008 acquisition of Bear Stearns.  ( 1 min )

  • Open

    Markets End Lower Following Fed Decision
    U.S. equities were lower on May 3, 2023, as Fed policymakers raised interest rates but suggested that they might pause their tightening campaign.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve is expected to raise interest rates for the 10th straight time to curb inflation. Here’s what investors need to know today.  ( 1 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.  ( 1 min )
    Markets Fall on Fed, Bank Concerns
    U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.  ( 1 min )
  • Open

    China Takes the Yuan Global in Bid to Repel a Weaponized Dollar
    (Bloomberg) -- China is putting the yuan front and center in its fight back against the US's unique influence over global money.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportPresident Xi Jinping's government h  ( 43 min )
    Qualcomm Sees No Immediate Smartphone Demand Recovery
    The mobile-phone chip maker is diversifying into new areas as its core market slows.  ( 25 min )
    Stocks moving in after-hours: Zillow, Etsy, Qualcomm
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    Dow Jones Falls As Fed Chief Powell Pushes Back On Rate Cuts; PacWest Dives Late
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    Regional Banks Sink as PacWest Weighs Strategic Options
    (Bloomberg) -- Western Alliance Bancorp and other US regional bank stocks sank in afterhours trading as PacWest Bancorp plunged following a report that it’s said to weigh strategic options including a sale.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItUS Looks Past India’s Rights Record as China Worries DeepenCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportBanker Pay Surge  ( 38 min )
    PacWest Stock Falls 55% in After-Hours Trading
    The regional firm has been among the most volatile bank stock since the failure of Silicon Valley Bank triggered a deposit run.  ( 22 min )
    Fed decision: Wall Street reacts to a 'hawkish pause'
    Wednesday's interest rate hike was largely priced in. What the market wants to know is what the Fed will do next.  ( 41 min )
    SolarEdge Smashes First-Quarter Profit Expectations; Shares Brighten
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    US Regional Banks Slump as Rout Deepens on First Republic Flop
    (Bloomberg) -- Regional US banking stocks joined a broad market rally ahead of a Federal Reserve decision, easing Tuesday’s deep selloff after the failure of troubled lender First Republic Bank prompted investors to renew their scrutiny on the sector’s prospects. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Attack Putin in KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘  ( 40 min )
    Qualcomm Stock Drops After Chipmaker's June-Quarter Outlook Misses Views
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    Icahn Short Sellers Reap Only a Fraction of Billionaire’s $6 Billion Stock Drop
    (Bloomberg) -- Hindenburg Research is targeting Carl Icahn’s investment firm as its latest victim, but short-sellers haven’t made much off the company’s $6.3 billion wipeout largely because Wall Street is so reluctant to bet against the billionaire.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Rec  ( 40 min )
    Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?'
    My retirement savings were wiped out in market changes over the last couple of years. I am planning on working for about five more years. What investment suggestions do you have this late in the game? – Daniel Sorry to … Continue reading → The post Ask an Advisor: My Retirement Savings Were Wiped Out. How Can I Recoup My Recent Investment Losses This ‘Late in the Game?' appeared first on SmartAsset Blog.  ( 40 min )
    Anheuser-Busch’s Earnings Are on Tap. Analysts Care About the Conference Call.
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    Cathie Wood Adds $15 Million Of Coinbase Stock Ahead Of Earnings
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    What Wall Street Is Saying About the Fed Rate Decision
    (Bloomberg) -- Wall Street was stumped by the Federal Reserve on Wednesday. Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Record as China Worries DeepenBanker Pay Surges For Those Willing to Work in Saudi ArabiaIn the statement accompanying its quarter-point interest rate hike, the central bank re  ( 40 min )
    Loews CEO James Tisch uses a famous Warren Buffett quote to explain the banking fiasco - and warns more lenders may get into trouble.
    No content preview
    Stocks Turn Negative After Powell Dismisses Rate Cuts in 2023
    Stocks gave up their gains in late afternoon trading, after Federal Reserve Chairman Jerome Powell said the central bank was unlikely to cut rates this year. Around 3:50 p.m. ET, the S&P 500 was down 0.2%, the Dow Jones Industrial Average was off 0.4%, and the Nasdaq Composite was up 0.2%. Prior t  ( 23 min )
    Federal Reserve May Be Done Hiking, But Powell Leaves Doubt; S&P 500 Slips
    No content preview
    Porsche, luxury automakers extend streak of strong results
    Add Porsche to the list of luxury automakers taking share and making bigger profits in a post-pandemic world.  ( 40 min )
    Starbucks Stock Got Crushed After Earnings. What to Do With It Now.
    There’s a good chance guidance was conservative.  ( 22 min )
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    Kansas-based investor Stewart Horejsi became a billionaire sensation with a rags-to-riches story that is the envy of many. See Next: Gamers Making Thousands Selling Gaming Skins And Assets: Gameflip's Bold Vision For The Future Of Gaming Commerce While most people believe that becoming a billionaire requires a lifetime of dedication, hard work and a stroke of luck, Horejsi's journey to the top was all thanks to one savvy investment that changed his life forever. Horejsi is now worth an estimated  ( 40 min )
    'I Think People Can Make It On $999 Million,' Bernie Sanders Blasts America's Billionaires. Here Is How The Ultra-Rich Can Pay Less Income Tax Than You — Legally
    It’s no secret that U.S. Sen. Bernie Sanders is not a fan of America’s billionaires. When CNN host Chris Wallace asked him whether he believed the government should “confiscate all the rest” once a person makes over $999 million, the senator’s answer was affirmative. “Fine, yes, I think people can make it on $999 million,” he said. “I think that they can survive just fine.” Sanders emphasized that his view that billionaires shouldn’t exist does not constitute a personal attack on any specific bi  ( 40 min )
    What's Going On With NVIDIA Stock Today
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    Live updates: Jerome Powell news conference on Fed rate hike of 0.25 percentage point
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    Bill Ackman jabs at old rival Carl Icahn after short-seller Hindenburg's bombshell report
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    Apple’s earnings could buoy or sink Big Tech’s earnings season
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    12 Stocks That Offer Growth, Value, and Momentum
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    Regional banks a focus for investors as Fed raises rates again
    PacWest and Western Alliance rise Wednesday after plummeting Tuesday.  ( 41 min )
    Fed Raises Rate By 25 BPS; Eli Lilly Hits All-Time High On Alzheimer's Breakthrough Report
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    Federal Reserve pushes interest rates above 5% for first time since 2007
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    Top Alternative Energy Stocks for Q2 2023
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    Ford vs. Tesla: The EV price war continues
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    Ford v Tesla: The EV price war continues
    While other automakers have balked, Ford is rolling the dice on what could be a very risky gambit.  ( 41 min )
    Estee Lauder stock tanks as company cuts sales outlook
    Pandemic-related shutdowns in Asia are hurting Estee Lauder, which relies heavily on travel retail in the region.  ( 40 min )
    Unity To Let Go Of 600 Employees Under Its Latest Layoff Round
    Unity Software Inc (NYSE: U) is amid its third and largest round of layoffs in the past year, joining the downsizing bandwagon. Unity is slashing roughly 600 jobs, about 8% of its workforce. Unity is also planning to reduce its global network of offices over the next few years to fewer than 30 from 58 today, the Wall Street Journal reports. The job cuts come after Unity let go more than 500 employees in two rounds of layoffs, one this January and another last June, as macro headwinds weigh. The  ( 38 min )
    Restaurant Stocks: Ruth's Soars 33% On Buyout; Wingstop Extends Breakout
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    Why CVS Health Shares Are Falling Today
    CVS Health Corp's (NYSE: CVS) Q1 sales increased 11% Y/Y to $85.28 billion, beating the consensus of $80.95 billion. The company's pharmacy and consumer wellness segment saw revenue grow 12% to $25.88 billion, as increased prescription volumes and higher prices offset declining revenue from fewer Covid-19 vaccines and tests. Prescriptions filled increased by 2.5% on a 30-day equivalent basis, primarily driven by increased utilization and the impact of an elevated cough, cold & flu season, partia  ( 38 min )
    Why Warren Buffett keeps buying Occidental Petroleum — 'Nothing but sense'
    Warren Buffett's Berkshire Hathaway keeps buying Occidental Petroleum shares. Investors are asking whether an outright acquisition could be next.  ( 42 min )
    Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout
    The Democratic senator raised concerns about the deal reigniting the “Too Big to Fail” problem.  ( 40 min )
    Big Hedge Funds Face New 72-Hour Deadline to Report Losses
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    Icahn Enterprises Drops to Decade Low as Rout From Short Report Deepens
    (Bloomberg) -- The selloff in Icahn Enterprises LP triggered by a short report deepened on Wednesday, sending the stock to its lowest since December 2010. Most Read from BloombergRussia Says It Foiled Kremlin Drone Attack Aimed At PutinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Gives a ‘Free Pass’ to India as Worry Over China Rivalry DeepensWall Street Rattled by 15% Tumble in Pair of Banks: Markets  ( 38 min )
    Oil’s Slide Continues as Demand Worries Intensify
    U.S.-traded oil prices fell below $70 per barrel for the first time since March on Wednesday morning.  ( 22 min )
    Regional banks a focus for investors as Fed decision nears
    PacWest and Western Alliance rise Wednesday after plummeting Tuesday.  ( 41 min )
    Pharma Giant Pfizer To Start Selling Haleon Stake Within Months, CFO Says
    Pfizer Inc (NYSE: PFE) is reportedly looking to start selling its stake in Haleon plc (NYSE: HLN). In June last, the pharma giant announced its plans to exit the ownership interest in Haleon in a disciplined manner after the demerger. Pfizer's CFO, Dave Denton, told the Financial Times that it intends to offload that stake in a "slow and methodical" manner within months. Pfizer retained its 32% stake in Haleon. GSK Plc (NYSE: GSK) has up to 13.5% in Haleon, while GSK shareholders will own the re  ( 39 min )
    The exact six-figure salary that Gen Z and millennials need to feel like they’ve ‘made it’
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    ‘S&P 500 to hit 3,500’: J.P. Morgan warns of 15% drop by summer — here are 2 stocks to help protect you from the pain
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    Dow Jones Futures Rise Ahead Of Fed Decision, Powell Comments. AMD Dives On Earnings.
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    Brent Oil Extends Drop Below $75 as Demand Concerns Escalate
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    Russian gas production slumps in blow to Putin's energy war - latest updates
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    Dow Jones Falls As These Bank Stocks Dive, Fed Rate-Hike Looms; AMD Slumps Late On Guidance
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    Apple reportedly attracted $1 billion in deposits into its new high-yield savings account in just 4 days
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  • Open

    Markets End Lower Following Fed Decision
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    Best Options Trading Platforms of 2023
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    Top CD Rates Today, May 3
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    What the Fed's Latest Hike Could Mean for Savers and Borrowers
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    Dow Jones Today: Index Falls Following Rate Hike
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    Trust: A Financial Advisor's Most Important Asset
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    How to Talk to Clients About Market Volatility
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    What Is the Best Age to Invest in a CD?
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    How Central Banks Affect Interest Rates
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    5 Growth Strategies for Financial Advisors
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    What Are the Benefits of Obtaining a Personal Loan?
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    How to Get a Home Equity Line of Credit in 2023
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    Coinbase May Say Losses Narrowed on Cost Cuts, Higher Interest Rates
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    Biometrics
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  • Open

    Amerikaanse centrale bank verhoogt rente naar hoogste niveau in zestien jaar tijd
    De Amerikaanse Federal Reserve (Fed) heeft de rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar.  ( 3 min )
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    Amerikaanse centrale bank verhoogt rente naar hoogste niveau in 16 jaar tijd
    De Federal Reserve heeft de Amerikaanse rente woensdag voor de tiende keer in een jaar tijd opgeschroefd. Daardoor ligt het belangrijkste rentetarief in de Verenigde Staten met 5 tot 5,25 procent op het hoogste niveau in zestien jaar tijd.  ( 3 min )
    Duitse banken gaan lijm gebruiken om 'Nederlandse' plofkraken tegen te gaan
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    Duitse banken gaan lijm inzetten om 'Nederlandse' plofkraken tegen te gaan
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    Olieprijs op laagste niveau sinds eind 2021, daling benzineprijs blijft achter
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    Schiphol wil van opgekochte boerderijen af, maar houdt stikstofrechten
    Schiphol wil twaalf boerderijen verkopen die de luchthaven heeft opgekocht voor de stikstofrechten. Wel wil Schiphol "uiteraard" die stikstofrechten houden, laat de luchthaven weten.  ( 3 min )
    Pringles-bus verliest metalen bodem en kan straks bij oud papier
    Pringles-chips die in het Belgische Mechelen worden geproduceerd krijgen een recyclebare verpakking. De bodem van de bussen wordt geheel van papier, zodat de verpakking voor 90 procent herbruikbaar is.  ( 3 min )
    Politie gebruikt speciale TikTok-telefoons om spionage te voorkomen
    De politie heeft haar TikTok-verbod uitgebreid uit angst voor spionage vanuit China. Politiemedewerkers mochten de app al niet op werktelefoons gebruiken en nu ook niet meer op bijvoorbeeld tablets. Agenten die TikTok voor hun werk moeten gebruiken, krijgen daarvoor een speciale TikTok-telefoon.  ( 3 min )
    Pinproblemen in winkels werden toch door betaaldienstverlener veroorzaakt
    De pinstoring van dinsdagmiddag werd toch veroorzaakt door een betaaldienstverlener, bevestigt Betaalvereniging Nederland aan NU.nl. Vanwege de problemen ontstonden rijen aan de kassa's bij onder meer Albert Heijn, Lidl en Blokker.  ( 4 min )
    Transavia schrapt deze week nog eens 42 vluchten van en naar de zon
    Transavia heeft voor de periode tot zondag nog eens 42 vluchten geschrapt. Het gaat om 21 retourvluchten van en naar Schiphol en de luchthavens van Rotterdam en Eindhoven. Enkele duizenden passagiers zijn de dupe, maar zij worden wel gecompenseerd.  ( 3 min )
    Starters krijgen het eind dit jaar iets makkelijker op de woningmarkt
    Goed nieuws voor starters op de woningmarkt: koophuizen zullen rond het najaar iets betaalbaarder zijn. Dat komt doordat de inkomens stijgen en de huizenprijzen waarschijnlijk verder dalen.  ( 3 min )
    Nijpende tekorten in deel Albert Heijn-winkels
    Naarmate de stakingen in de distributiecentra bij Albert Heijn (AH) voortduren, raken steeds meer producten in de winkels in bepaalde regio's op. Dat zegt een woordvoerder van de supermarktketen desgevraagd tegen NU.nl.  ( 3 min )
    We kochten vorig jaar weer iets minder biefstuk en plakjes worst bij de supermarkt
    Supermarkten verkochten in 2022 minder vlees dan het jaar ervoor. Vooral vers vlees ging minder vaak over de toonbank. Dat concludeert dierenwelzijnsorganisatie Wakker Dier, die naar de kassascangegevens van supermarkten heeft gekeken.  ( 3 min )
    'Wil je er iets lekkers bij?' bezorgt Starbucks forse winst
    Starbucks doet er alles aan om klanten nog meer te laten uitgeven. Behalve dat een kopje koffie in de afgelopen drie maanden duurder werd, maakte de Amerikaanse keten er veel werk van om mensen meer te laten kopen, zoals gebak of een smaakje voor door de koffie.  ( 3 min )
    Wie 3.000 euro of minder verdient, krijgt meer vakantiegeld
    Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.  ( 3 min )
    Minder vakantiegeld voor hogere inkomens
    Werknemers met een brutomaandloon tot 3.000 euro ontvangen dit jaar iets meer vakantiegeld. Dat geldt niet voor de hogere inkomens. Die gaan er volgens hr- en salarisdienstverlener ADP juist op achteruit.  ( 3 min )
    Wat doet en verdient een FNV-onderhandelaar?
    Deze week wordt er bij vakbond FNV gestaakt en dat is zeldzaam. Medewerkers van de bond willen dat hun lonen gelijke tred houden met de inflatie. Een zogenoemde vakbondsbestuurder onderhandelt over arbeidsvoorwaarden en lonen. Bij de FNV verdient zo'n onderhandelaar al gauw meer dan 5.000 euro per maand, plus vergoedingen en een leaseauto.  ( 4 min )
  • Open

    Uber Shares Jump as Revenue Takes Off
    Uber Technologies (UBER) reported a spike in revenue and a reduction in its loss per share in the first quarter of 2023, sending the stock 11% higher.  ( 1 min )
    Chegg Shares Plunge After Company Warns That ChatGPT Is Impacting Growth
    Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.  ( 1 min )
    Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
    Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 1 min )
    First Republic Bank Teeters on the Brink of Collapse
    First Republic Bank (FRC) is teetering on the brink of collapse as its shares fall to new all-time lows on reports the federal government is reluctant to put together a rescue package.  ( 1 min )
    Icahn Enterprises Shares Drop Over 15% on Hindenburg Short Play
    Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.  ( 1 min )

  • Open

    Correspondent Bank: Definition and How It Works
    A correspondent bank is a financial institution authorized to provide services on behalf of another financial institution. Learn how correspondent banks work.  ( 24 min )
    Uber Shares Jump as Revenue Takes Off
    Uber Technologies (UBER) reported a spike in revenue and a reduction in its loss per share in the first quarter of 2023, sending the stock 11% higher.  ( 16 min )
    Markets Fall on Fed, Bank Concerns
    U.S. equities tumbled on May 2, 2023, ahead of the Fed decision on interest rates and amid concerns about banks.  ( 16 min )
    Personal Loan Rates & Trends, Week of May 1: Rates Ease
    Personal loan rates eased slightly after four consecutive weeks of increases, lowering the overall average by five basis points.  ( 16 min )
    Converting Traditional IRA Savings to a Roth IRA
    A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 27 min )
    Top CD Rates Today, May 2
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    4 Types of Insurance Policies and Coverage You Need
    Expect the unexpected with just four types of insurance that everyone should have.  ( 23 min )
    The Best Ways to Borrow Money
    Borrowing helps you pay for a home, car, or college, and loans can come from personal loans to peer-to-peer lending.  ( 26 min )
    Multiline Insurance
    Multiline insurance can refer to complex insurance instruments used to bundle risk exposures, or to agencies that write consumer policies for many lines.  ( 18 min )
    How to Fill out a Money Order: Step by Step
    Money orders are safe and easy to buy or cash at U.S. banks, credit unions, post offices, retailers, grocers, and convenience stores.  ( 21 min )
    Game-Changer: Definition and Examples in Business
    A game-changer can be a person who is a visionary or a company that alters its business strategy and conceives an entirely new business plan.  ( 22 min )
    What Does Market Segmentation Theory Assume About Interest Rates?
    Learn how the market segmentation theory for different maturities of interest rates seeks to describe the shape of the yield curve.  ( 18 min )
    Cognitive vs. Emotional Investing Bias: What’s the Difference?
    Cognitive biases involve decision-making based on concepts that may not be accurate. Emotional biases are based on personal feelings while a decision is made.  ( 20 min )
    Capitalized Interest: Definition and Example
    Capitalized interest is the cost of borrowing to acquire or construct a long-term asset, which is added to the cost basis of the asset on the balance sheet.  ( 25 min )
    Apple Earnings May Fall 10% As iPad, Mac Sales Drag
    Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.  ( 17 min )
    Tips on Selling Your Financial Services Business
    Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.  ( 19 min )
    What Is a Loan, How Does It Work, Types, and Tips on Getting One
    A loan is money, property, or other material goods given to another party in exchange for future repayment of the loan value amount with interest.  ( 27 min )
    What Is a Vendor? Definition, Types, and Example
    A vendor is a party in the supply chain that makes goods and services available to companies or consumers.  ( 21 min )
    How to Analyze Corporate Profit Margins
    Understanding these three common measures of profitability can help you take a deeper look at a company's profit margin.  ( 23 min )
    PacWest, Other Regional Bank Shares Unable To Shake Off Banking Crisis Jitters
    Shares of PacWest and other regional banks slid double-digits in intra-day trading Tuesday over concerns that the turmoil in regional banking is far from over.  ( 16 min )
    Here’s Where Prices For ‘Overvalued’ Homes Are Falling The Most
    High-priced West Coast markets have taken the biggest beating in a housing market suffering an affordability shock.  ( 16 min )
    Chegg Shares Plunge After Company Warns That ChatGPT Is Impacting Growth
    Shares of Chegg (CHGG) are plunging after the provider of homework help warned its subscriber growth is being impacted by the use of the ChatGPT AI chatbot.  ( 18 min )
    A-B Trust: Definition, How It Works, Tax Benefits
    An A-B trust is a joint trust created by a married couple for the purpose of minimizing estate taxes.  ( 23 min )
    Icahn Enterprises Shares Drop Over 15% on Hindenburg Short Play
    Icahn Enterprises LP became the latest target of short activist Hindenburg Research. Unit prices for IEP were down about 15% after accusations of "ponzi-like" financing.  ( 18 min )
    Today's Mortgage Rates & Trends - May 2, 2023: Rates Mostly Steady
    Mortgage rates were mostly flat, with the 30-year average rising only a point and the 5/6 ARM and all jumbo averages marching in place.  ( 19 min )
    Tax-Loss Harvesting: Definition and Example
    Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.  ( 21 min )
    Moderna to Report First Quarterly Loss Since Debuting Covid-19 Vaccine
    The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.  ( 17 min )
    Coinbase Launches Offshore Crypto-Derivatives Exchange
    Coinbase launched a new crypto-derivatives exchange in Bermuda, to offer contracts not allowed in the U.S. while expanding offshore amid regulatory uncertainty.  ( 18 min )
    Job Openings Kept Drying Up in March
    Job seekers found fewer options in March as the labor market continued to descend from its pandemic-recovery heights.  ( 16 min )
    Alpha: What It Means in Investing, With Examples
    Alpha (α) , used in finance as a measure of performance, is the excess return of an investment relative to the return of a benchmark index.  ( 26 min )
    Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
    Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 17 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of May 2023.  ( 23 min )
    How to Evaluate Fintech Home Equity Products
    Fintech companies are increasingly offering home-equity loan and HELOC products. Learn how these loans work and how they compare to loans from traditional lenders.  ( 23 min )
    How to Get Out of Credit Acceptance Car Loan
    Credit acceptance car loans are designed for those with bad credit and often charge high interest rates and present challenges to borrowers trying to make payments. But, there are options for getting out of such loans.  ( 22 min )
    Business Loan vs. Personal Loan: What's the Difference?
    Some small business owners don’t have the capital to get their companies off the ground. In these cases, it might make sense to take out either a personal or business loan, depending on their needs.  ( 23 min )
    How to Pay Off a Car Loan Faster
    You can pay off a car loan faster using one of several strategies, including rounding up payments, using automated payments, or paying biweekly.  ( 22 min )
    Guide to Fixed Income: Types and How to Invest
    Fixed income refers to assets and securities that bear fixed cash flows for investors, such as fixed rate interest or dividends.  ( 31 min )
    Why and When Do Countries Default?
    Countries can default on their debt. This happens when a government is either unable or unwilling to make good on a country's financial obligations.  ( 23 min )
    Top Wind Energy Stocks for Q2 2023
    Eneti Inc., TPI Composites Inc., and Boralex Inc. are leading wind energy industry peers in revenue growth amid a boom in renewable energy investment.  ( 21 min )
    Debt Ceiling Decoded: What You Need to Know
    The U.S. could run out of cash by June 1, Janet Yellen warns. Here's a guide to the language and terms everyone's talking about.  ( 22 min )
    Block Forecast to Report Another Quarter of Net Losses With All Eyes on Cash App
    Block is expected to say its loss narrowed in the first quarter of 2023 as revenue and gross payment volume grew, though at slower rates than during and even before the pandemic.  ( 18 min )
    Memorandum of Understanding (MOU) Defined, What's In It, Pros/Cons, MOU vs MOA
    A memorandum of understanding (MOU) is a document describing the broad outlines of an agreement that two or more parties have reached.  ( 23 min )
    5 Things to Know Before Markets Open
    Treasury Secretary Janet Yellen warned the U.S. could hit its debt limit sooner than expected, as early as June 1 if Congress doesn't act to raise the debt ceiling. Here’s what investors need to know today.  ( 19 min )
    The History of Insurance
    The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.  ( 23 min )
    Key Person Insurance: Definition, Cost, Types, and How It Works
    Key person insurance is a life insurance policy that a company purchases on an owner, a top executive, or another individual critical to the business.  ( 21 min )
    Teaser Bet
    In sports betting, a teaser bet is a type of parlay bet in which the bettor is allowed to change the point spread for a game.  ( 25 min )
    Up-and-Out Option Definition
    An up-and-out option is a type of knock-out barrier option that ceases to exist when the price of the underlying asset rises above a specific price level.  ( 19 min )
  • Open

    Ford Earnings Don’t Lift Stock. Farley Has a Message on Musk’s Price Cuts.
    Ford reported first-quarter operating profit of $3.4 billion and earnings per share of 63 cents from sales of $41.5 billion. All three numbers were better than Wall Street expected but investors remained worried about the economy and rising rates.  ( 23 min )
    'Big Short' investor Michael Burry broke down his iconic bet against the US housing bubble during a 2008 meeting with a Warren Buffett acolyte - but his warning and advice were ignored
    No content preview
    Starbucks Beats Earnings and Sales. Why the Stock Is Down.
    Expectations were high heading into the coffee retailer's second-quarter earnings. Guidance may have fallen short.  ( 22 min )
    Carl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller Report
    (Bloomberg) -- Corporate activist Carl Icahn’s fortune tumbled more than $10 billion Tuesday after short-seller Hindenburg Research accused him of using a “ponzi-like” economic structure at his investment company.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First Republic’  ( 40 min )
    Super Micro Computer Stock Jumps On Strong June-Quarter Outlook
    No content preview
    The Bank Panic’s Winners and Losers Are Becoming Clear
    A significant restructuring of the banking industry is underway, writes Brian Graham.  ( 32 min )
    Stocks moving in after-hours: Ford, Starbucks, AMD
    These are the stocks moving in after-hours on Tuesday, May 2, 2023.  ( 39 min )
    What's Going On With Mastercard And Visa Shares Today
    Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) shares are trading lower on Tuesday as Mizuho flagged their declining U.S. personal consumption expenditure share. Mizuho analyst Dan Dolev maintains Mastercard with a Buy, lowering the price target from $405 to $400. Dolev's analysis suggests that Visa and MA's share of incremental U.S. personal consumption expenditures (PCE) continued to decline in 1Q 2023. Visa's share is now trending below its long-term averages, while MA is trending roughly i  ( 39 min )
    Top CD Rates Today, May 2
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Former Coinbase Official Balaji Srinivasan Closes Out $1 Million Bitcoin Bet Early
    (Bloomberg) -- Balaji Srinivasan, the former chief technology officer of Coinbase Global Inc., said he closed out what appeared to be a losing bet that Bitcoin would rise to $1 million within 90 days. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapJPMorgan Ends First Republic’s Turmoil Af  ( 39 min )
    Icahn Enterprises’ Plunge Just One of Short-Seller Hindenburg’s Many Big Hits
    (Bloomberg) -- Icahn Enterprises LP’s steepest one-day plunge on record after Hindenburg Research disclosed a short call against the investment firm added to the list of big hits dealt by the short-seller that’s become a household name on Wall Street. Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItWall Street Rattled by 15% Tumble in Pair of Banks: Markets WrapIBM to Pause Hiring for Jobs That AI Could DoCarl Icahn’s Wealth Plunges $10 Billion on Hindenbu  ( 39 min )
    Livent Earnings Rock, But Albemarle May Cut Outlook As Lithium Prices Tumble
    No content preview
    Ford posts $1.76B 1Q profit largely on gas-powered vehicles
    Excluding one-time items, Ford made 44 cents per share. Ford reaffirmed its earlier pretax profit guidance for the full year of $9 billion to $11 billion. Ford lost $722 million before taxes on its electric vehicles, but it made $2.62 billion on internal combustion vehicles.  ( 38 min )
    Chipmaker AMD Beats First-Quarter Goals But Gives Weak Sales Forecast
    No content preview
    Dow Jones Closes Lower While Uber Rockets. Carl Icahn Hits Back As Stock Craters On Short-Seller Attack.
    No content preview
    Regional Bank Stocks Fall Hard. Why Now Is a Mystery.
    PacWest Bancorp slid 28% and Western Alliance Bancorporation dropped by 15% following the sale of First Republic Bank to JPMorgan Chase on Monday.  ( 25 min )
    Ford first quarter revenue, profits top estimates; EV unit loses $722 million
    Ford's Q1 earnings on Tuesday will break down results by its three new business segments for the first time.  ( 40 min )
    Starbucks earnings beat, China sees better-than-expected sales growth
    Starbucks (SBUX) is set to report second quarter fiscal year 2023 earnings results on Tuesday, May 2. Expected: good news for investors.  ( 40 min )
    Pfizer Will Shift Focus to Dividends and Share Buybacks, Execs Say
    The drugmaker has been on an M&A hot streak over the past couple of years.  ( 26 min )
    Amazon’s cloud business is clamping down on managers’ freedom to hire in latest cost control—leaked memo
    In a leaked memo, AWS tells hiring managers about new constraints in place to control headcount growth.  ( 39 min )
    Michael Milken on the banking turmoil: This is not another financial crisis
    Michael Milken explains why the recent bank collapses aren't history repeating and the one lesson financial institutions are learning in real-time.  ( 39 min )
    Carl Icahn targeted by short seller Hindenburg for 'Ponzi-like' structure
    A well-known short seller is taking on a famed activist.  ( 39 min )
    Without Amazon, This Is What S&P 500 Earnings Would Look Like
    No content preview
    Wall Street Rattled by 20% Plunge in Pair of Banks: Markets Wrap
    (Bloomberg) -- Just a day after Wall Street breathed a sigh of relief with the acquisition of First Republic Bank, a selloff in US regional lenders fueled renewed anxiety over financial stability, sinking stocks across the board and spurring a flight to the safest corners of the market.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsJPMorgan Ends First  ( 40 min )
    Apple Earnings May Fall 10% As iPad, Mac Sales Drag
    Services revenue—including App Store, iCloud, Apple Music, Siri—likely hit record levels even as device sales slowed.  ( 17 min )
    Bankrupt Bed Bath & Beyond Seeks Millions From Ocean Carriers
    The retailer is pressing a case with maritime regulators as it prepares to shut its U.S. stores.  ( 27 min )
    'It's As If The Whole Country Takes A Pay Cut:' Top Economist Warns Of A Recession And Another 23% Drop In Stocks But Highlights Opportunity For Those With 'Dry Powder'
    Fears of a recession have mounted since the U.S. Federal Reserve began hiking interest rates in early 2022. Although the latest gross domestic product (GDP) figures indicated growth, a recession could be imminent according to David Rosenberg, president of Rosenberg Research and former chief North American economist at Merrill Lynch. “The leading indicators are telling me that the recession is actually starting this quarter,” he said in a recent YouTube interview with Blockworks Macro. “If it’s n  ( 40 min )
    What's Happening With AMD Stock Today
    Advanced Micro Devices, Inc (NASDAQ: AMD) shares are trading in the green today ahead of its first-quarter results due after market close on Tuesday. Analysts showered their vote of confidence on the chipmaker on Monday. Morgan Stanley analyst Joseph Moore maintained AMD with an Overweight, raising the price target from $87 to $102. As per the analyst, the setup for the quarter is interesting, as the stock has appreciated 40% YTD into a significant adverse event, at least as far as the data cent  ( 39 min )
    Bud Light Maker Offers Distributors Free Beer, More Ad Spending After Dylan Mulvaney Backlash
    Anheuser-Busch wholesalers say they have faced plummeting sales and personal threats over backlash from a promotion with a transgender influencer.  ( 27 min )
    AMD Q1 earnings preview: PC revenue expected to drop 56% on slow chip demand
    AMD will report its Q1 earnings after the bell on Tuesday, as PC sales continue to slide.  ( 40 min )
    Hindenburg attack is uncomfortable reading for Icahn’s most loyal friends
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Nikola Partners With Voltera On Hydrogen Station Funding
    Nikola Corp (NASDAQ: NKLA) and decarbonization infrastructure provider Voltera signed a definitive agreement to develop the hydrogen fueling infrastructure to support Nikola's deployment of zero-emissions vehicles. Under the strategic partnership agreement, the parties plan to develop up to 50 HYLA stations throughout North America over the next five years. The partnership is a part of Nikola's prior announced plans to develop 60 stations by 2026. Voltera will site, build, own, and operate the s  ( 38 min )
    FDIC looks to change deposit insurance policy following First Republic Bank failure
    The Federal Deposit Insurance Corporation (FDIC) released a report this week seeking reform of its deposit insurance system due to recent instability in multiple U.S. banks.  ( 38 min )
    The top 3 lessons Bill Gates taught this former Microsoft VP
    Bill Gates was “virtually always right” one of his former colleagues has said—these are the top three skills the tech titan used to make sure he was always on the money.  ( 40 min )
    What's Bugging the Stock Market? A Recession Is Looming.
    The stock market is dropping today, and something is clearly bothering it. That something is a recession. Looking at the indexes, you know it’s a bad day. The Dow Jones Industrial Average has fallen 558.12 po  ( 26 min )
    Moderna to Report First Quarterly Loss Since Debuting Covid-19 Vaccine
    The mRNA drugmaker will look to excite investors with its product pipeline as Covid earnings falter.  ( 18 min )
    PacWest, Western Alliance crash as regional bank fears continue to shake markets
    Their drops come one day after JPMorgan Chase purchased the bulk of First Republic, in a deal that was designed to restore stability to the banking system after two months of turmoil.  ( 40 min )
    Icahn Enterprises Stock Tumbles After Short-Seller Report
    Hindenburg Research questions Icahn Enterprises’ policies on asset valuations and its dividend policy.  ( 22 min )
    Dow Drops 550 Points as Bank Stocks Get Clobbered
    The major stock indexes were getting hit Tuesday after labor market data showed fraying at the edges, while worries of the Federal Reserve tightening into a banking crisis weighed on investors' minds. The Dow Jones Industrial Average was down 550 points, or 1.6%. The S&P 500 fell 1.7%, and the Nasd  ( 23 min )
    PacWest, Western Alliance Lead Regional Bank Stock Rout
    (Bloomberg) -- PacWest Bancorp and Western Alliance Bancorp each slumped more than 25% Tuesday, leading a renewed selloff in regional lenders as investors continued to gauge the health of the industry after the second-largest US bank failure ever.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItJPMorgan Ends First Republic’s Turmoil After FDIC SeizureMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsIBM to Pause Hiring for Jobs That AI Could DoFi  ( 39 min )
    Dow Jones Awaits Fed Chief Powell's Rate Hike; Chegg Falls On ChatGPT AI Apocolypse
    No content preview
    Conservative Pundit Ben Shapiro Invests $4.7 Million in Israeli Drug Company
    (Bloomberg) -- Right-wing media entrepreneur Ben Shapiro has taken a $4.7 million stake in a struggling Israeli pharmaceutical company and joined the board.Most Read from BloombergNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItJPMorgan Ends First Republic’s Turmoil After FDIC SeizureMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsIBM to Pause Hiring for Jobs That AI Could DoFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureShapiro, 39, a co-founder of media  ( 39 min )
    PacWest, Other Regional Bank Stocks Are Plunging
    The slide came a day after the Federal Deposit Insurance Corp. took control of First Republic Bank and sold most of it to JPMorgan Chase.  ( 22 min )
    Shares in US banks suspended as fresh crisis fears grip market - latest updates
    Inflation inched higher across the eurozone last month amid high food prices, raising pressure on the ECB to raise interest rates later this week.  ( 53 min )
    Oil Drops as Product Prices, Chinese Data Highlight Weak Demand
    (Bloomberg) -- Oil prices slid as concerns over short-term demand, including weaker-than-expected Chinese manufacturing data, outweighed expectations for tight supply later in the year.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsWest T  ( 38 min )
    Alibaba Likely To Struggle With Cloud Growth, Analysts Say; Needs New Growth Driver For Other Businesses
    U.S. and China's geopolitical tensions wiped off significant stock price gains of Alibaba Group Holding Limited (NYSE: BABA) from recent restructuring plans. Alibaba's organizational revamping plans instilled investor optimism over a valuation boost and drove chances of listing those units publicly, Bloomberg reports. Investors expected the restructuring and the subsequent IPOs to ward off the downside from the sudden halt of Ant Group's IPO in 2020. Unfortunately, the geopolitical frictions, co  ( 39 min )
    Lower Oil Prices Could Slash Marathon Oil's Q1 Profit
    Marathon Oil's net income may have plunged 70% in the first quarter of 2023 after last year's spike in oil prices fizzled out.  ( 18 min )
    BP Experiences the Downside of High Expectations
    The oil major’s latest share buyback plan disappointed investors who have grown used to generous handouts.  ( 25 min )
    Battle of the Activists: Hindenburg Shorts Icahn
    Short seller who targets companies takes aim at investor who targets companies  ( 28 min )
    Billionaire Ken Griffin Doubles Down on These 2 ‘Strong Buy’ Stocks ⁠— Here’s Why You Might Want to Follow in His Footsteps
    Every investor is looking to gain an edge and beat the market and there are numerous strategies that can help in this undoubtedly difficult endeavor. One obvious game plan is to follow in the footsteps of Wall Street’s investing titans, and you can certainly put Ken Griffin in that bracket. The billionaire not only has a decades-long history of investing success, but his Citadel hedge fund also raked in the profits last year – a Wall Street record of $16 billion, in fact – done against a general  ( 42 min )
    Ford earnings preview: New reporting structure, profit guidance...and more!
    Ford will report Q1 earnings after the bell on Tuesday, and for the first time ever it will break down those earnings across its three new business segments - Ford Blue for gas powered cars, Ford Model e for electric vehicles, and Ford Pro for its commercial and fleet sales.  ( 40 min )
    Cummins Posts Record Earnings, Smashes Estimates. Why the Stock Is Stalling.
    Investors just won't give industrial companies a lot of credit for great Q1 results. They are too worried about the economy.  ( 22 min )
    Chegg stock sinks after CEO says ChatGPT hurt growth
    Chegg saw a noticeable shift in consumer behavior when OpenAI launched GPT-4 in March.  ( 39 min )
    Half of America’s banks are already insolvent – this is how a credit crunch begins
    The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age.  ( 42 min )
    InMode, A Top 1% Stock, Crumbles On Lackluster Sales, Earnings Outlook
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    How much the class of 2023 expects to earn in their first entry-level job—and how much employers say they’ll pay
    Salary expectations have slightly decreased among early career job candidates but remain above employer expectations.  ( 38 min )
    Pfizer Reports Dramatic Declines — But It's Not As Bad As Wall Street Expected
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    Icahn Enterprises Sinks After Hindenburg Issues Short Report
    (Bloomberg) -- Icahn Enterprises L.P. tumbled in premarket trading on Tuesday after becoming the latest target of a short call by Hindenburg Research.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Pause Hiring for Jobs That AI Could DoMorgan Stanley Plans 3,000 More Job Cuts as Dealmaking SlumpsShares of Icahn Enterprises, where famed  ( 38 min )
    Dow Jones Futures Fall Ahead Of Key Economic Data, Fed Meeting; Tesla Hikes Prices
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    Stock futures wobble as Fed meeting gets underway: Stock market news today
    Investors were tuned in to the start of the Fed's two-day policy meeting and continued earnings releases.  ( 40 min )
    EUR/USD Forecast – Euro Has Choppy Tuesday
    The EUR/USD pair has gone back and forth over the last couple of days, and it appears that Tuesday will simply be more of the same.  ( 39 min )
    Bitcoin Is Falling. The Fed Decision Could Mean ‘All Bets Are Off’ for Cryptos.
    Bitcoin has torn higher this year amid expectations of easier monetary policy from the Federal Reserve. That narrative will be put to the test Wednesday.  ( 22 min )
    Federal Reserve expected to raise interest rates 0.25%, investors debate next steps
    For months now, investors have debated whether the Fed would be done raising interest rates. As markets prep for Wednesday's policy decision, the same question continues to circulate — is this the end for the Fed?  ( 40 min )
    What the bankers are actually worried about: Morning Brief
    Bank failures? Meh. The world's top financial and business minds see bigger risks.  ( 39 min )
    Pfizer’s Earnings Fall With Cooling Demand for Covid Products
    Excluding revenue from Comirnaty and Pfizer’s Covid-19 pill Paxlovid, the company’s top line increased 5%.  ( 25 min )
    AI Disruption Deepens With Chegg Plunge, IBM Hiring Halt, Samsung Chatbot Ban
    (Bloomberg) -- The speed of disruption brought on by a worldwide rush into artificial intelligence was on full display this week, sending shares of education-technology company Chegg Inc. plunging, prompting IBM to halt some hiring and prompting a chatbot ban at Samsung Electronics Co.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureIBM to Paus  ( 40 min )
    Zebra Technologies Edges Above First-Quarter Goals But Lowers Outlook
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    Chegg Reminds Investors Not Everyone Can Be an AI Winner. The Stock Is Diving.
    The education company warned that increasingly more students are turning to OpenAI’s ChatGPT for help with their homework, hurting its own new customer growth rate in March.  ( 22 min )
    BP Stock Falls With Share Buybacks Set to Slow. Oil Prices Are Down.
    American depositary receipts of BP traded down 5% in premarket trading on Tuesday after the British oil major disappointed investors with a slower rate of share buybacks, as falling oil prices hit cash flows. BP said in its first-quarter results that it plans to launch a $1.75 billion quarterly shar  ( 23 min )
    Pfizer tops Q1 forecasts; vaccine sales slide as expected
    Pfizer topped Wall Street expectations Tuesday even as sales of its top-selling COVID-19 vaccine crumbled in the first quarter. Revenue from Pfizer’s Comirnaty vaccine fell 77% to $3 billion in the first three months of the year, compared with more than $13 billion in the same stretch last year. The drop was widely expected because the drugmaker is moving this year from supplying governments through big contracts to selling the vaccine on the commercial market.  ( 38 min )
    How JPMorgan turned First Republic’s nightmarish week into a dream scenario for shareholders
    A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.  ( 40 min )
    DuPont Beats Earnings Estimates. Here’s Why the Stock Is Falling.
    DuPont's first-quarter earnings top estimates but the materials giant reduces full-year guidance.  ( 22 min )
    Markets Expect One Last Fed Rate Hike. Beware—This Just Happened in Australia.
    Biden to meet House and Senate leaders as debt limit looms, the fight between Florida’s DeSantis and Disney escalates, and other news to start your day.  ( 22 min )
    MicroStrategy Stock Rises After Big Earnings Beat. Thank Bitcoin’s Rally.
    MicroStrategy has emerged as one of the few companies to hold significant quantities of crypto, and Bitcoin's rally this year has buoyed its finances.  ( 22 min )
    BP posts $5B quarterly profit on strong oil and gas trading
    British energy giant BP posted a strong quarterly profit on Tuesday even as oil and natural prices that soared after Russia's war in Ukraine last year have eased off. The company said the earnings report "reflects an exceptional gas marketing and trading result” and a “very strong oil trading result.” Oil companies around the world have been reporting bumper earnings in the wake of Russia's invasion of Ukraine in February 2022, which sent energy prices soaring and curtailed some of Moscow's supplies to the world.  ( 39 min )
    These Stocks Are Moving the Most Today: Chegg, Arista, BP, BlackBerry, and More
    Chegg stock falls sharply after the online-education company says it has been seeing a 'significant spike in student interest in ChatGPT,' while Arista anticipates some of its biggest cloud customers soon could begin cutting back on spending.  ( 23 min )
    First Republic’s failure shows we are fighting an unwinnable war
    When Silicon Valley Bank was busy imploding earlier this year, and depositors were pulling their money out of shaky lenders to put it in safer-looking banks, the joke was that everyone was going to end up banking with JP Morgan. Now that the US uber-lender has agreed to acquire most of First Republic, another stricken bank, the gag is even less funny.  ( 40 min )
    These Stocks Are Moving the Most Today: Chegg, Arista, BP, BlackBerry, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 22 min )
    India's first iPhone maker is quitting amid Apple's growing presence in the country
    Taiwan-based Wistron is reportedly winding up its India operations.  ( 39 min )
    BP Beats Expectations With $5 Billion Profit After Fending Off Shareholder Challenge
    Trading oil and gas helped the British oil major achieve strong results in the first quarter, but its announced $1.75 billion buyback was smaller than analysts expected.  ( 28 min )
    BP Stock Drops as Earnings Fall on Weaker Oil Prices
    The oil major posted underlying profit of $5 billion for the first three months of the year, up from $4.8 billion in the fourth quarter.  ( 23 min )
    BYD’s Growth Is Unrelenting. It’s Catching Up to Tesla.
    Chinese EV maker BYD sells 104,364 battery-electric vehicles in April, up about 82% from the 57,403 delivered a year earlier.  ( 22 min )
    Bitcoin, Ether lose ground; Polkadot leads losers among top 10; U.S. equity futures slip
    Bitcoin dipped to US$28,000 in Tuesday morning trading in Asia and then fell through that support line later in the morning. Ether and other top 10 cryptocurrencies also fell.  ( 40 min )
    Stocks could soon retest all-time highs as markets react to possible 'thesis-changing' final rate hike from the Fed, Fundstrat says
    "This will likely be the last hike of the cycle. This is thesis changing," Fundstrat said, predicting the S&P 500 could notch 4,750 by year-end.  ( 38 min )
    Coinbase Insiders Sued for Dumping Stock, Saving $1 Billion
    (Bloomberg) -- Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1 billion in losses by using inside information to sell stock within days of the cryptocurrency platform’s public listing two years ago, before bad news sent the share price tumbling, according to a lawsuit filed by an investor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought  ( 39 min )
    Alibaba’s Faded Rally Signals Grim Outlook Ahead
    (Bloomberg) -- It took only four weeks for optimism around Alibaba Group Holding Ltd.’s breakup plan to fizzle. Restoring it will likely be an uphill battle.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersIBM to Pause Hiring for Jobs That AI Could DoAlibaba’s American Depositary Receipts are now 2.3% below wh  ( 40 min )
    CEO’s Warning of ChatGPT Threat Sparks 38% Rout in Edtech Stock
    (Bloomberg) -- Chegg Inc. plummeted as much as 38% after warning that the ChatGPT tool is threatening growth of its homework-help services, one of the most notable market reactions yet to signs that generative AI is upending industries.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersIBM to Pause Hiring for Jo  ( 39 min )
    3 “Strong Buy” Stocks With Short Squeeze Potential
    It might be logical to assume that stocks with heavy short interest – i.e., ones that many investors/traders are essentially betting against – are stocks to stay away from, but that is not always the case. Opinions on the stock market can be varied, and it’s not uncommon to find stocks with both high short interest and positive recommendations from Wall Street analysts. But only one can be right, right? And should the analysts turn out to be the ones to hit the nail on the head, panic-induced sh  ( 43 min )
    The stock market is poised for a sell-off as an overly hawkish Fed could dash hopes for interest rate cuts, Morgan Stanley's Mike Wilson says
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  • Open

    Ook vorig jaar veel stakingen, maar er gingen minder mensen de straat op
    Het aantal stakingen in ons land nam begin dit jaar flink toe, maar in 2022 werd ook al een stuk meer gestaakt dan een jaar eerder. Er deden vorig jaar wel minder mensen mee aan stakingen.  ( 4 min )
    Tata Steel worstelt met staalvraag en onderhoudsvertraging in IJmuiden
    Het Indiase staalconcern Tata Steel heeft in het afgelopen kwartaal een veel lagere winst geboekt dan een jaar eerder. Dit kwam mede door vertragingen van onderhoud op de locatie in IJmuiden.  ( 3 min )
    Vrees voor nieuw bankendomino door val First Republic
    Met het einde van de Amerikaanse bank First Republic is de afgelopen dagen het rumoer in de bankenwereld teruggekeerd. In maart was het al wekenlang onrustig, omdat toen ook verschillende banken kopje-onder gingen. Is dit de voorbode van meer bankenellende?  ( 5 min )
    Europese Commissie geeft groen licht voor uitkoopplannen van boeren
    De Europese Commissie heeft de plannen om grote stikstofuitstoters vlak bij Natura 2000-gebieden uit te kopen goedgekeurd. Daarmee is een belangrijke stap gezet in het stikstofbeleid van het kabinet.  ( 5 min )
    Grote pinstoring die lange rijen in winkels veroorzaakte is voorbij
    Een landelijke pinstoring waardoor dinsdagmiddag lange rijen ontstonden in verschillende winkels is grotendeels opgelost. Mensen kunnen weer gewoon afrekenen met hun (digitale) betaalpas.  ( 3 min )
    Landelijke pinstoring zorgt voor lange rijen in supermarkten en andere winkels
    Vanwege pinproblemen kunnen mensen in sommige supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is dus niet overal mogelijk. De oorzaak van de storing is nog niet bekend.  ( 4 min )
    Dit weten we over platform Bluesky van Twitter-oprichter Jack Dorsey
    Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.  ( 6 min )
    Landelijke pinstoring zorgt voor lange rijen in winkels en supermarkten
    Vanwege een pinstoring kunnen mensen in supermarkten en andere winkels nu alleen met cash betalen. Betalen met de pinpas is niet overal mogelijk. De oorzaak van de storing is nog niet bekend.  ( 3 min )
    Bluesky-uitnodigingen zijn gewild: dit weten we over het Twitter-alternatief
    Opnieuw is er een alternatief voor Twitter dat de wind in de zeilen heeft: Bluesky. Zou dit platform veel gebruikers kunnen aantrekken en vasthouden? Bluesky heeft in elk geval één troef: Jack Dorsey zit erachter. De voormalige Twitter-directeur probeert het met een nieuw sociaal netwerk nu huidig eigenaar Elon Musk het ene na het andere twijfelachtige besluit neemt.  ( 6 min )
    Lenen is moeilijk en duur en dat is precies wat de ECB wil
    Lenen wordt door rentestijgingen steeds minder aantrekkelijk. Bovendien zijn banken weer strenger geworden. Daardoor neemt de vraag naar leningen af. En dat is precies wat de Europese Centrale Bank (ECB) wil bereiken met haar pogingen om de inflatie te beteugelen.  ( 5 min )
    ProRail wil soepelere regels rond stikstof en dassen bij werk aan spoor
    ProRail wil ondanks strenge bouwregels kunnen blijven werken aan het spoor. Het spoorbedrijf wil een uitzonderingspositie voor allerlei overheidsregels die onderhoud en verbouwingen aan het spoor bemoeilijken.  ( 3 min )
    Tien Nederlanders aangehouden voor drugshandel op het darkweb
    De politie heeft tien Nederlanders aangehouden die betrokken waren bij de handel in drugs op het darkweb. Dat is een afgeschermd deel van het internet. De aanhoudingen hoorden bij een internationale operatie, waarbij autoriteiten een illegale marktplaats op het darkweb oprolden.  ( 3 min )
    Nieuwe hypotheken gaan steeds vaker naar starters
    Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.  ( 3 min )
    Inflatie in eurolanden stijgt licht: boodschappen worden nog steeds duurder
    De prijzen in de eurolanden zijn in april iets harder gestegen dan in maart. De inflatie kwam er afgelopen maand uit op 7 procent. Een maand eerder was het leven in de eurolanden 6,9 procent duurder dan een jaar eerder.  ( 3 min )
    VS bereikt binnenkort schuldenplafond: wat betekent dat?
    De Verenigde Staten moeten het schuldenplafond binnenkort verhogen. De Amerikaanse minister van Financiën Janet Yellen is bang dat het land mogelijk op 1 juni al niet meer aan alle financiële verplichtingen kan voldoen. Wat is er aan de hand? En merken wij daar ook wat van?  ( 4 min )
    Albert Heijn biedt 10 procent meer loon, stakingen gaan gewoon door
    Albert Heijn wil het personeel in de distributiecentra later deze maand 10 procent meer loon geven. Dat heeft de supermarktketen aan de vakbonden laten weten, maar die willen volgens AH niet terug aan de onderhandelingstafel komen.  ( 3 min )
    Lonen gemiddeld met 7,7 procent omhoog
    De lonen in nieuwe cao's zijn in april gemiddeld met 7,7 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie, die in april uitkwam op 5,2 procent. Daardoor waren bijvoorbeeld boodschappen en energie 5,2 procent duurder dan een jaar eerder.  ( 5 min )
    Prijzen gaan toch weer harder omhoog, inflatie loopt op in april
    Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.  ( 4 min )
    Aandeel starters met een hypotheek neemt toe
    Steeds meer starters grijpen een kans op de woningmarkt. In april werd meer dan de helft (55 procent) van alle hypotheekaanvragen gedaan door starters.  ( 3 min )
    Aantal starters met een hypotheek neemt toe
    Steeds meer starters vragen een hypotheek aan. In april werd 55 procent van alle hypotheekaanvragen gedaan door starters. Dat betekent dat zij nu de grootste groep hypotheekaanvragers zijn.  ( 3 min )
    Het leven werd in april weer duurder, inflatie loopt op tot 5,2 procent
    Het leven in Nederland is in april gemiddeld 5,2 procent duurder geworden dan een jaar eerder. Dat kwam vooral doordat de energieprijzen vorige maand minder sterk daalden dan in maart. De prijzen van boodschappen gingen ook opnieuw omhoog, maar wel wat minder sterk dan in maart.  ( 3 min )
    Loonstijging bereikt opnieuw historisch hoogtepunt
    De lonen in nieuwe cao's zijn in april gemiddeld met 7,7 procent gestegen en dat is opnieuw een historisch hoogtepunt. De loonstijging ligt daarmee boven de inflatie die in maart uitkwam op 4,4 procent. Dat betekent dat zaken als boodschappen en energie die maand 4,4 procent duurder waren dan een jaar eerder.  ( 4 min )
  • Open

    First Republic Bank Sold to JPMorgan Chase
    More than a month after the first signs of danger, First Republic Bank (FRC) was seized by Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase.  ( 1 min )
    Who’s Paying for All These Bank Failures?
    With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 1 min )
    JPMorgan Buys First Republic for $10.6 Billion, This is What It Gets
    JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 1 min )
    Lordstown Warns of Bankruptcy Without New Funding
    Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.  ( 1 min )
  • Open

    Markets Open the Month With Small Losses
    U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.  ( 1 min )
    5 Things to Know Before Markets Open
    JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 1 min )

  • Open

    Do Cheap Imported Goods Cost Americans Jobs?
    Flooding the market with cheap products can mean job losses and even market collapse—but dumping isn't as threatening as it seems.  ( 23 min )
    M1 Finance vs Wealthfront: Which Is Right for You?
    M1 Finance and Wealthfront are two of our top robo-advisors but offer extremely different services. M1's forte is automated investing, but it doesn't offer advice. Wealthfront is strong when it comes to setting financial goals.  ( 28 min )
    Reinsurance Definition, Types, and How It Works
    Reinsurance is insurance for insurance companies. It results from one or more insurers assuming another insurance company's risk portfolio to try to balance the insurance market.  ( 20 min )
    What Happened to Signature Bank?
    In March 2023, Signature Bank was shut down by the New York State Department of Financial Services. Learn why the bank collapsed and what it means for you.  ( 32 min )
    Where Are CD Rates Headed This Year?
    CD rates are already at record highs, with many options to earn more than 5% on a variety of terms. But will Fed moves drive them even higher, or is the peak behind us?  ( 19 min )
    Lordstown Warns of Bankruptcy Without New Funding
    Electric truck maker Lordstown Motors (RIDE) said that it may need to cease operations if its funding deal with Foxconn fails to materialize.  ( 16 min )
    What Happened to Silicon Valley Bank?
    In March 2023, Silicon Valley Bank was shut down by the California Department of Financial Protection and Innovation. Learn why this bank collapsed and what it means for you.  ( 28 min )
    Markets Open the Month With Small Losses
    U.S. equities began May slightly lower after regulators seized First Republic Bank and JPMorgan Chase bought most of the assets.  ( 16 min )
    Top CD Rates Today, May 1
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    FDIC Floats Proposal of Higher Insurance for Business Bank Accounts
    In the future, businesses would be able to bank with little to no fear of losing all their money if their bank fails, if reforms suggested by the Federal Deposit Insurance Corporation become reality.  ( 17 min )
    Back Office: What It Means in Business, With Examples
    The back office is the administration and support personnel who are not client-facing. Back-office personnel provide essential functions to the business.  ( 23 min )
    How Financial Advisors Can Help Small Business
    Financial advisors can help small businesses during the start-up, growth, and winddown stages of the company.  ( 24 min )
    Construction Spending Rose Slightly in March
    Amid concerns over high mortgage rates, supply costs and uncertainty about inflation, new single-family construction remained slumped in March.  ( 16 min )
    28/36 Rule: What It Is, How To Use It, Example
    The 28/36 rule calculates debt limits that an individual or household should meet to be well-positioned for credit applications. It measures income against debt.  ( 20 min )
    How to Apply for Unemployment Insurance Now
    Not everyone who leaves a job can collect unemployment insurance. Here's what you need to know about who qualifies and how to go about it now.  ( 25 min )
    15 Tips and Ideas for Cutting Car Insurance Costs
    Use these tips to free yourself from some of the extra weight if car insurance costs are dragging you down. Consider coverage options and "bundling" policies.  ( 26 min )
    AI, Green Energy Will Change Nearly A Quarter Of Global Jobs By 2027
    Green energy, supply chain, AI, and tech will help drive job growth, while education, agriculture, and digital commerce will add the most jobs, one report shows.  ( 18 min )
    Today's Mortgage Rates & Trends - May 1, 2023: Rates Dip
    Mortgage rates dropped back a bit, erasing some of their big gain of the previous day and ending the week roughly on par with the previous Friday.  ( 20 min )
    Fidelity vs. TD Ameritrade: Which Should You Choose?
    TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.  ( 23 min )
    Capitalized Cost: Definition, Example, Pros and Cons
    A capitalized cost is an expense that is added to the cost basis of a fixed asset on a company's balance sheet.  ( 24 min )
    Fed Faces Pivotal Decision: When To Pause Interest Rate Hikes
    The Federal Reserve faces a key decision this week that could determine if the economy goes into a recession—whether this week’s widely-expected rate hike will be its last.  ( 17 min )
    Limited Convertibility Definition
    A currency has limited convertibility if the government that issues it regulates its exchange with any other nation's currency.  ( 19 min )
    How Much Is My Home Worth?
    If it's time for a change, it's important that you understand how much your current home is worth. Read on to decide if now's the time to move.  ( 22 min )
    Breaking Down Money Myths and Discovering Wealth Hacks with Mrs. Dow Jones
    Mrs. Dow Jones rejoins The Express in front of a live audience to dispel the biggest money myths about making money, and shares hacks to help us earn more, keep more, and make our money last longer. Plus, investors are bracing for the Fed's next move, which could very well be its last for a little while. Why haven't all stocks woken up to the party?  ( 15 min )
    Types of Health Insurance
    Health insurance includes HMO, PPO, POS, and EPO plans. You may also need to choose among the various levels of Obamacare plans. Learn about the differences before you enroll.  ( 24 min )
    What Factors Decrease Cash Flow From Operating Activities?
    A survey of chief factors that reduce cash flow from operating activities.  ( 18 min )
    JPMorgan Buys First Republic for $10.6 Billion, This is What It Gets
    JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 17 min )
    This Year's Bank Failures Eclipse 2008 Levels
    First Republic, Silicon Valley and Signature banks are some of the largest U.S. bank failures ever. Their combined assets are more than all the banks that failed in 2008.  ( 16 min )
    Who’s Paying for All These Bank Failures?
    With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 18 min )
    Cryptocurrencies To Watch: Week of May 1
    This week’s cryptocurrencies to keep an eye on are Render Token (RNDR), Casper (CSPR), Injective (INJ), Internet Computer (ICP), and MultiversX (EGLD).  ( 19 min )
    How to Get Out of an Upside Down Car Loan
    Getting out of an upside down car loan is not impossible, but it's important to understand what you might need to do to walk away from the debt.  ( 23 min )
    Can I Use a Home Equity Loan To Buy a Car?
    You can use a home equity loan to buy a car, but in most cases it doesn't make sense. In this article, we'll explain why.  ( 22 min )
    Taylor Rule Definition
    The Taylor rule is a guideline for a central bank to manipulate interest rates so as to stabilize the economy.  ( 22 min )
    Mid-Cap Fund: Meaning, Overview, and Examples
    A mid-cap fund is a type of investment fund that focuses its investments on companies with a capitalization in the middle range of listed stocks in the market.  ( 20 min )
    Best ETFs
    The best ETFs are PXE, IEO, and FCG.  ( 22 min )
    Boat Owners' Insurance Definition
    Boat owners' insurance is an insurance policy that provides coverage for individuals who own and operate a boat or personal watercraft.  ( 18 min )
    How Much Does a Co-Signer Help on Auto Loans?
    Adding a co-signer to an auto loan could make it easier to get approved, but it can complicate things if you're unable to keep up with the payments.  ( 21 min )
    Qualcomm Earnings Could Fall 40% on Weak Handset, Chipset Demand
    Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.  ( 18 min )
    Treasury Investment Growth Receipts (TIGRs) Definition
    Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.  ( 19 min )
    Who Are Charles Schwab's Main Competitors?
    Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.  ( 21 min )
    6 Important Retirement Plan RMD Rules
    Failing to comply with the rules for required minimum distributions (RMDs) may incur a penalty.  ( 23 min )
    The 10 Best Finance and Wall Street Movies
    Finance makes for great cinema. Here are 10 of the best offerings by Hollywood on the subject.  ( 24 min )
    Presenteeism Definition
    Presenteeism is a situation where workers who are physically present at the workplace are not operating at maximum capability due to illness, injury, or another condition.  ( 20 min )
    Ford Expected to Post Revenue Growth on Higher Sales
    Ford's global unit sales rebounding globally, led by 15% growth in North America  ( 18 min )
    Bona Vacantia
    Bona vacantia, also known as vacant goods, refers to property without a clear owner. Bona vacantia assets may be abandoned or unclaimed by its owner.  ( 20 min )
    First Republic Bank Sold to JPMorgan Chase
    More than a month after the first signs of danger, First Republic Bank (FRC) was seized by Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase.  ( 17 min )
    What If You Could Bank With the Federal Reserve?
    The government’s response to the Silicon Valley Bank failure has inspired renewed calls by some for the Federal Reserve to offer banking services to individual members of the public.  ( 22 min )
    5 Things to Know Before Markets Open
    JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 17 min )
    9 Things to Know Before You Refinance Your Mortgage
    Review your equity, credit score, breakeven point, and other key data points before you begin the mortgage refinance process. Learn what you need to know.  ( 27 min )
    VWELX: Overview of Vanguard Wellington Fund
    The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.  ( 20 min )
    The Perfect Moving Averages for Day Trading
    For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer perfect inputs.  ( 20 min )
  • Open

    The Inside Story of Buffett’s Big Japan Bet, Over Glasses of Coke at Four Seasons
    (Bloomberg) -- One after another, Japanese executives from some of the country’s most elite firms filed into Warren Buffett’s suite at the luxury Four Seasons Hotel in central Tokyo. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureBuffett Will Beat the Market as Recession Looms, Investors SayRivian’s Troubles Don’t End at a 93% WipeoutPeak Oil Spells Trouble for ConsumersThe legendary investor was on a tri  ( 43 min )
    Dow Jones Futures Fall Ahead Of Likely Fed Rate Hike, Apple Earnings, Jobs Report
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    Norwegian’s Focus on High-Spending Cruise Passengers Paid Off in the First Quarter
    Norwegian Cruise Line's strong onboard passenger spending in the first quarter demonstrates that the pent-up energy to cruise that people had during the pandemic hasn't dissipated at all.  ( 39 min )
    Chegg Stock Sinks. The Company Says Students Are Turning to ChatGPT for Homework Help.
    The education tech firm is seeing a spike in ChatGPT interest. "We now believe it’s having an impact on our new customer growth rate," Chegg said.  ( 22 min )
    Where Are CD Rates Headed This Year?
    CD rates are already at record highs, with many options to earn more than 5% on a variety of terms. But will Fed moves drive them even higher, or is the peak behind us?  ( 19 min )
    The S&P 500 Is in for a World of Hurt, Courtesy of Powell. How These Pros Know.
    Markets are overly optimistic that the Fed will quickly lower rates, a panel of investing pros found.  ( 23 min )
    Elon Musk reportedly settles defamation suit after saying he'd never 'surrender an unjust case'
    A defamation case brought against Tesla chief executive Elon Musk by critic Randeep Hothi is apparently coming to a close, reportedly costing the billionaire ten big ones. Lawyers representing Hothi, a vocal member of the TSLAQ short-seller community on Twitter, said in a statement that Musk asked to settle the nearly three-year-old case back in March. Hothi tweeted on Monday that he accepted the alleged offer, "for a modest $10k."  ( 38 min )
    Should You Buy This ETF for Its 12.3% Dividend Yield? Here’s What You Need to Know
    Investors are often intrigued by ETFs that feature sky-high dividend yields, such as the Amplify High Income ETF (NYSEARCA:YYY), which currently yields 12.3%. While the thought of receiving passive income with this type of yield is indeed enticing, and YYY has some good things going for it, investors also need to look under the hood before committing to these types of ETFs. Here’s more on YYY and why most investors should likely proceed with caution. What is YYY ETF? Operated by Amplify ETFs, YY  ( 41 min )
    Inside JPMorgan's late-night scramble to buy First Republic
    Takeout Mexican, lots of coffee and more than 800 people fueled a weekend-long effort by JPMorgan to win a government-led auction.  ( 41 min )
    IBM to Pause Hiring for Jobs That AI Could Do
    (Bloomberg) -- International Business Machines Corp. Chief Executive Officer Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayFirst Republic’s Jumbo Mortgages Brought On Bank’s FailurePeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% Wipeo  ( 39 min )
    Lattice Semiconductor Tops First-Quarter Estimates But Inventory Swells
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    Solar Stocks Have Fallen Sharply. Investors Need to Be Picky.
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    Vertex Pharmaceuticals Keeps Its Outlook Despite Beating Views, And Dives
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    Why Are Cybersecurity Stocks Falling Today
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    Arista Networks First-Quarter Results Top Estimates Amid High Expectations
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    Stock Pickers on Wall Street Are Going All-In on Recession Bets
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    Game Time: Nvidia Stock Leads Nine Stocks Set To Report In May
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    Private equity was not immune to ‘the siren song of liquidity,’ Apollo CEO says
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    Pfizer Earnings Will Show How Much Covid Is Still Driving Revenue
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    Berkshire's Charlie Munger issues warning for US commercial property market
    Berkshire Hathaway’s Charlie Munger said on Monday that a storm is brewing in commercial property market, as property prices fall and banks deal with bad loans.  ( 39 min )
    The skills gap is so big that nearly half of workers will need to retrain this decade. These 10 skills are most in demand
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    Ford Earnings To Mark Big Break From The Past; This EV Stock Plummets
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    TCW CEO Koch Warns ‘Major Accidents’ Ahead in Private Credit
    (Bloomberg) -- TCW Group President and Chief Executive Officer Katie Koch said cracks are starting to show in the private credit market and that investors should prepare for “major accidents” in the red-hot sector over the next 12 to 18 months. Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More O  ( 39 min )
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    First Republic stock investors face 'wipe-out,' analyst says
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    De-dollarization is undeniable, and the debate about the greenback's dominance is heating up. Here's what Elon Musk, Ray Dalio, Chamath Palihapitiya and 7 others are saying.
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    Bud Light Sales Fall 26% as Transgender Backlash Worsens
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    Russia’s battered wartime economy is still chugging along as it taps its wealth fund, raises taxes, and ramps up imports
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    3 REITS With Upcoming Earnings Reports That Just Raised Dividends
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    FDIC recommends overhauling US insurance deposit system
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    Nvidia, IBD Stock Of The Day, Hits Buy Point On AI Enthusiasm
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    A feared tech ‘earnings apocalypse’ hasn’t happened. But Apple and Nvidia could shake things up
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    DeSantis Board Votes to Sue Disney Over Company Retaliation Case
    (Bloomberg) -- The Ron DeSantis-appointed board of the municipal authority overseeing Walt Disney Co.’s parks voted Monday to sue the company, following a complaint Disney filed last week against the Florida governor.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get  ( 39 min )
    Warren Buffett’s right-hand man Charlie Munger says most money managers are little more than ‘fortune tellers or astrologers’
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    JPMorgan To Pay FDIC $10.6 Billion For First Republic, This is What It Gets
    JPMorgan Chase & Co. may be getting a quite a bit more than its money's worth as the deal to buy First Republic comes with assets and big guarantees from FDIC.  ( 17 min )
    Apple iPhone Sales May Miss Wall Street Estimates. Here’s Why.
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    IMF Says China Shifting on Debt Restructuring After Being Burned
    (Bloomberg) -- The International Monetary Fund’s chief said China is shifting its thinking about participating in debt restructuring after being confronted by countries unable to pay what they owe, signaling hope the world’s second-largest economy will help provide relief for distressed nations.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureRivian’s Troubles Don’t End at a 93% WipeoutBuffett Will Beat the  ( 39 min )
    SoFi Saw Personal Loans Soar This Quarter. Why That Might Not Be A Good Thing.
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    Top 1% Biotech TG Therapeutics Obliterates Bullish Sales Calls — And Rockets
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    Who’s Paying for All These Bank Failures?
    With the collapse of First Republic Bank, now the third high-profile bank failure in the U.S. this year, you may be wondering who is on the hook for the government bailouts.  ( 19 min )
    Apollo CEO on JPMorgan's First Republic deal: 'The strong get stronger'
    Apollo Global Management co-founder and CEO Marc Rowan weighs in on the state of the banking industry.  ( 39 min )
    Commercial Real Estate Market Faces Next Wave of Financial Stress, Apollo’s Rowan Says
    (Bloomberg) -- Marc Rowan, the co-founder of Apollo Global Management Inc., says that the next wave of turmoil across the financial sector will likely come from the commercial real estate market.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place B  ( 39 min )
    First Republic’s Jumbo Mortgages Brought On the Bank’s Failure
    (Bloomberg) -- The seeds of First Republic Bank’s downfall were sown in the jumbo mortgages of Silicon Valley, where a unique strategy to loan wealthy individuals extraordinary sums of money blew up in spectacular fashion.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Int  ( 43 min )
    New lower I bond rate comes with 'a pleasant surprise'
    The annualized yield for the Treasury Department’s inflation-protected assets is 4.3% for new purchases made until October 31.  ( 40 min )
    Lordstown warns it may fail as investor Foxconn gets jumpy
    Lordstown Motors warned Monday that it is in danger of failing as the electronics company Foxconn wavers on a $170 million investment in the commercial electric vehicle startup. The Ohio company said in a regulatory filing on Monday that Foxconn it had received notice from Foxconn on April 21 that it was in breach of their agreement because it had received a delisting warning from Nasdaq two days earlier. Lordstown is in danger of being delisted from the Nasdaq because it's share price closed below $1 on March 7 and it has not recovered since.  ( 39 min )
    Lordstown Motors Warns of Bankruptcy as Foxconn Deal Unravels
    (Bloomberg) -- Lordstown Motors Corp. may be forced to cease operations and file for bankruptcy after manufacturing giant Foxconn told the electric-vehicle company that it’s prepared to pull out of a production partnership.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend In  ( 39 min )
    First Republic Will Be Leaving the S&P 500. Here’s Who Might Be Going In.
    Blackstone is the largest company by market value not in the S&P 500  ( 23 min )
    China EV Sales: Li Auto Posts Blowout April; LI's Tesla Model Y Rival Off To A Hot Start
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    Stock market bulls facing a 'make or break' week
    The Federal Reserve will announce its next decision on interest rate hikes on Wednesday.  ( 40 min )
    Qualcomm Earnings Could Fall 40% on Weak Handset, Chipset Demand
    Qualcomm's Q2 FY 2023 net income likely plunged by more than 40% and revenue likely fell by 19% industry-wide depressed demand hurt both top- and bottom-line performance.  ( 19 min )
    Fed is set to raise rates yet again. After that, then what?
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    Supreme Court to decide important case on government power
    The Supreme Court said Monday it will decide whether to jettison a decades-old decision that has been a frequent target of conservatives and, if overruled, could make it harder to sustain governmental regulations. The justices agreed to hear an appeal that takes aim at a 1984 case known as Chevron. It involves the Chevron oil company and says that when laws aren’t crystal clear, federal agencies should be allowed to fill in the details.  ( 39 min )
    Blackstone’s Real Estate Trust Limits Withdrawals for Sixth Straight Month
    (Bloomberg) -- Blackstone Inc.’s $70 billion real estate trust for wealthy individuals limited redemptions for a sixth straight month.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Talks Extend Into Night After Banks Place BidsInvestors asked to redeem $4.5 billion in April from Black  ( 39 min )
    Lordstown Motors Says Foxconn Tries to Back Out of Investment
    Foxconn had agreed to invest $170 million in the EV truck startup in November.  ( 26 min )
    GM Lays Off Hundreds From Product Development in Latest Cost-Cutting Move
    Auto maker says the cuts were to contract workers in the group where the company works on future car models.  ( 32 min )
    Dimon: 'This part of the crisis is over'
    The CEO of JPMorgan Chase argued the seizure and sale of First republic puts to rest an excruciating period of panic for the banking system.  ( 39 min )
    AI Stocks To Watch As Big Tech Braces For Artificial Intelligence Regulation
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    This Bull Call Spread On Nvidia Stock Has Great Upside Potential
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    Who Are Charles Schwab's Main Competitors?
    Find out who Charles Schwab's main competitors are and how they stack up. Use this information to make informed investing decisions.  ( 21 min )
    Biotech Buying Bonanza: Iveric Bio Snags $5.9 Billion Deal From Astellas Pharma
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    Dow Jones Rises As JPMorgan Buys Failed First Republic Bank; FRC Stock Crashes 45%
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    Russia's domestic stock investors, shut off from the international financial system, have helped send the Moscow Exchange to a 12-month high
    The MOEX Index slumped 42% in 2022 amid sweeping sanctions over Russia's invasion of Ukraine.  ( 39 min )
    Li Auto Stock Rises After Record EV Deliveries. Here’s How XPeng and NIO Did.
    Li Auto's deliveries in April beat expectations, while XPeng's deliveries come in about as expected. NIO deliveries, however, are lower than Wall Street anticipated.  ( 23 min )
    Why did JPMorgan Chase buy First Republic out of receivership?
    You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”  ( 40 min )
    ‘Investment opportunity of a lifetime’: Cathie Wood says the robotaxi market could be worth trillions — here are 3 stocks to invest in it (besides Tesla)
    Advances in technology often come loaded with financial opportunities and scanning the one presented by the nascent autonomous driving sector, Cathie Wood thinks there is a huge one at play. The Ark Invest CEO has not been shy about making some bold predictions in the past and thinks investors should not underestimate what’s in store for this up-and-coming industry. “We think that the robotaxi opportunity globally will deliver $8 to $10 trillion in revenue by 2030 and is one of the most importan  ( 43 min )
    10 Tough Questions for Warren Buffett Heading Into Berkshire’s Annual Meeting
    Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.  ( 23 min )
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    Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in retirement. Should you decide to leave your job you might be wondering if it's possible to roll over an … Continue reading → The post How to Convert After-Tax Dollars From 401(k) to IRA appeared first on SmartAsset Blog.  ( 41 min )
    JPMorgan Chase Buys First Republic Bank After FDIC Seizure
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    Norwegian Cruise Line Sails Past Estimates. The Stock Is Up.
    The cruise operator posts total revenue of $1.8 billion for its first quarter, soaring past the $522 million recorded in the year-ago period.  ( 22 min )
    With First Republic, JPMorgan’s Dimon Gets Over Financial Crisis Laments
    Jamie Dimon has often expressed regret at his bank’s past role as savior, but there is opportunity in its latest rescue.  ( 28 min )
    Apple Earnings Are Next. Back the Stock for This Reason, Analyst Says.
    Apple's iPhone revenue should hold up on Chinese demand and higher selling prices, according to Wedbush's Daniel Ives.  ( 22 min )
    Activision’s UK division faces HMRC investigation over diverted profits
    A division of US gaming giant Activision Blizzard, which last week accused Britain of being “closed for business”, is facing an investigation by the taxman that has already forced it to cough up tens of millions of pounds.  ( 39 min )
    Ford Expected to Post Revenue Growth on Higher Sales
    Ford's global unit sales rebounding globally, led by 15% growth in North America  ( 18 min )
    Disney uses Ron DeSantis’s own words against him in free speech lawsuit
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Four Stocks Turn $10,000 Into $50,000 In Four Months
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    Is my money safe? What you need to know about bank failures
    Officials announced Monday that they closed San Francisco-based First Republic Bank, making it the third U.S. bank to collapse in the past two months. Most of First Republic’s assets are being acquired by JPMorgan. First Republic had wealthy clients who rarely defaulted on their loans.  ( 42 min )
    5 Things to Know Before Markets Open
    JPMorgan Chase acquires First Republic Bank after an FDIC takeover. Here’s what investors need to know today.  ( 17 min )
    SoFi Remains Optimistic Profitability Is Possible by End of Year
    (Bloomberg) -- SoFi Technologies Inc., the online lender suing the Biden administration for its student-loan repayment pause, reported a smaller loss than analysts expected and said it still expects to be profitable this year. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersWarren Buffett Will Beat the Market in Recession Times, Investors SayFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face Mo  ( 38 min )
    Stagflation Is the Risk That Eludes Investors Mispricing Markets
    (Bloomberg) -- Financial markets are caught up in a tug of war between lingering inflation and concern about a recession as they try to guess the next move by the Federal Reserve. That means investors are potentially ignoring a far more dangerous outcome: stagflation.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsWarren Buffett Will Beat the Market in Recession Times,  ( 41 min )
    US regulators seize First Republic and sell 'substantially all assets' to JPMorgan in largest bank failure since 2008 crisis
    The San Francisco lender becomes the biggest casualty of the banking system turmoil that started in March.  ( 42 min )
    Rivian’s Troubles Don’t End at a 93% Wipeout
    (Bloomberg) -- The relentless erosion in Rivian Automotive Inc.’s share price is revealing an ugly truth: Investors have little faith left in the ability of the Amazon.com Inc.-backed company to compete in a crowded electric-vehicle market.Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett W  ( 40 min )
    China's crackdown on high-flying finance executives sends jitters across brokerage industry
    When a Chinese woman flaunted her banker husband's 80,000 yuan (US$11,562) a month salary on social media last year, she quickly drew the ire of common folk and the attention of regulators towards financial elites like her spouse. The young CICC banker and his colleagues soon paid a heavy price for the folly, taking a pay cut of almost 50 per cent. This quickly spread across the sector, with employees taking pay cuts of some 20 per cent to 30 per cent last year, according to data compiled by the  ( 40 min )
    Bitcoin Prices Fall Below $29,000. The Focus Turns to the Fed.
    Crypto traders are looking for a confirmation of a peak in the Fed's rate-hiking cycle to help break Bitcoin's resistance at $30,000.  ( 22 min )
    Xi’s Food Security Drive Could End Up Backfiring for Chinese Farmers
    (Bloomberg) -- After more than 30 years growing crops on the plains of northern China, a farmer who asked to be identified as Zhang is struggling over what to plant in the coming months. Most Read from BloombergJPMorgan to Acquire Failed Regional Bank First RepublicPeak Oil Spells Trouble for ConsumersFirst Republic Talks Extend Into Night After Banks Place BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors Say  ( 40 min )
    JPMorgan Buys First Republic Bank in Second-Largest U.S. Bank Failure
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    These Stocks Are Moving the Most Today: First Republic, JPMorgan, Iveric Bio, Apple, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 19 min )
    Stock Futures Waver as JPMorgan to Take Over First Republic
    U.S. stocks were set for a modestly higher open Monday, following the announcement that JPMorgan Chase will be assuming all deposits of First Republic Bank. Dow Jones Industrial Average futures were up 20 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures were flat. Attention on Monday will b  ( 24 min )
    De-dollarisation: oil market is a slippery slope for anti-dollar crowd to climb
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Regulators close First Republic Bank, JPMorgan named as the buyer of $330B assets and deposits, FDIC on the hook for $13B
    First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has finally fallen over, but with a relatively quick resolution into its next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced that it was being closed by the the California Department of Financial Protection and Innovation, that the FDIC was appointed as receiver, and that the FDIC would be selling the assets to JPMorgan. Its assets and deposits total just over $330 billion combined. Specifically, “to protect depositors, the FDIC is entering into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all of the deposits and substantially all of the assets of First Republic Bank,” it said.  ( 39 min )
    JPMorgan to Acquire All Deposits of First Republic
    First Republic's 84 offices will be taken over by JPMorgan, the FDIC says in a statement.  ( 22 min )
    First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank Failure
    Regulators seized First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan.  ( 27 min )
    Morgan Stanley’s Wilson Says Hawkish Fed Surprise to Roil Stocks
    (Bloomberg) -- Stock market investors holding on to hopes that the Federal Reserve will cut rates in the second half could be disappointed later this week, according to Morgan Stanley’s Michael Wilson — a staunch Wall Street bear.Most Read from BloombergFirst Republic Talks Extend Into Night After Banks Place BidsPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherWarren Buffett Will Beat the Market in Recession Times, Investors SayBitcoin on C  ( 39 min )
    Bitcoin Sags After its Longest Streak of Monthly Gains Since 2021
    (Bloomberg) -- Bitcoin slipped back Monday after climbing for four consecutive months through April in the longest such winning run since 2021.Most Read from BloombergFirst Republic Talks Extend Into Night After Banks Place BidsPeak Oil Spells Trouble for ConsumersJerome Powell Could Face More Opposition as Fed Choices Get TougherBitcoin on Course for Longest Streak of Monthly Gains Since 2021Munger Warns Banks Stuck with Commercial Property Debt, FT SaysThe token slid as much as 3.2% and was tr  ( 38 min )
    10 Tough Questions for Warren Buffett Heading Into Berkshire’s Annual Meeting
    Shareholders should ask about succession, a possible dividend, a potential Occidental acquisition, slowing buybacks, and whether the stock can beat the S&P 500.  ( 23 min )
    First Republic in limbo as US regulators juggle bank's fate
    Regulators searched for a solution to First Republic Bank’s woes over the weekend, hoping to find a way forward before U.S. stock markets opened Monday. San Francisco-based First Republic has struggled since the collapse of Silicon Valley Bank and Signature Bank in early March, as investors and depositors grew increasingly worried the bank may not survive as an independent entity. World markets have periodically been shaken by worries over turmoil in the banking industry since Silicon Valley Bank's collapse.  ( 40 min )
    Bitcoin up on bank jitters, price forecasts; Ether dips, U.S. equity futures flat
    Bitcoin edged up on Monday morning in Asia to hold above US$29,000. Ether fell below US$1,900. Most other top 10 non-stablecoin tokens traded lower except BNB.  ( 40 min )
    NIO, XPeng, Li Auto April EV Deliveries Are Coming. Here’s What To Expect.
    Wall Street expect the trio to report about 43,000 units delivered in April, up from 38,000 units delivered in March.  ( 22 min )
    Stock market today: Tokyo gains, most Asian markets closed
    Shares advanced Monday in Tokyo and Sydney while most Asian markets were closed for May 1 holidays. The traditional Labor Day holidays around the globe likely limited initial market reactions to a delay in an expected decision by U.S. regulators on what to do with troubled First Republic Bank. San Francisco-based First Republic has struggled since the collapses of Silicon Valley Bank and Signature Bank in early March, as investors and depositors fret that the bank may not survive as an independent entity for much longer.  ( 40 min )
    VWELX: Overview of Vanguard Wellington Fund
    The nation's most venerable mutual fund boasts an average annual return above 8% since its inception in 1929 on the eve of the Great Depression.  ( 20 min )
    Asia Stocks Advance as Earnings Outweigh Bank Woes: Markets Wrap
    (Bloomberg) -- Equities in Asia were primed to advance on Monday after robust corporate earnings boosted Wall Street at the end of last week as investors awaited news of a bid for First Republic Bank.Most Read from BloombergJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsYour Sunday US Briefing: Pressure Mounts on First RepublicBitcoin on Course for Longest Streak of Monthly Gains Since 2021Signs Are Mounting That  ( 40 min )
    Hedge Funds Bet Dollar to Erase Hike-Cycle Gains as Fed Peaks
    (Bloomberg) -- Investors are piling into bets against the US dollar as this week’s expected Federal Reserve interest-rate hike is likely to bring the steepest tightening cycle in a generation to a halt. Most Read from BloombergJerome Powell Could Face More Opposition as Fed Choices Get TougherFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts o  ( 38 min )
    Oil Extends Second Weekly Drop on New China Recovery Concerns
    (Bloomberg) -- Oil extended two weeks of losses after data from China reignited concerns about a patchy recovery in the world’s biggest crude importer. Most Read from BloombergFirst Republic Regulators Rush to Fix Crisis as Banks Make BidsJerome Powell Could Face More Opposition as Fed Choices Get TougherPeak Oil Spells Trouble for ConsumersBitcoin on Course for Longest Streak of Monthly Gains Since 2021Your Sunday US Briefing: Pressure Mounts on First RepublicWest Texas Intermediate futures sli  ( 38 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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  • Open

    Onbeperkt reizen met Duits ov kan vanaf nu voor 49 euro per maand
    Duitsland heeft vanaf maandag een ticket van 49 euro per maand waarmee reizigers onbeperkt met het regionale openbaar vervoer kunnen reizen. Daarmee krijgt het extreem goedkope 9 eurokaartje van afgelopen zomer een vervolg. Duitsland wil met het zogeheten Deutschlandticket de hoge brandstofprijzen compenseren.  ( 3 min )
    Bijna tien miljoen belastingaangiftes op deurmat van Belastingdienst
    De Belastingdienst telde maandag bijna tien miljoen belastingaangiftes en verwacht er nog meer. Daarmee zijn er meer Nederlanders dan vorig jaar die de deadline van de Belastingdienst hebben gehaald.  ( 4 min )
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    De Belastingdienst telde maandag bijna tien miljoen belastingaangiftes en verwacht er nog meer. Daarmee zijn er meer Nederlanders dan vorig jaar die de deadline van de Belastingdienst hebben gehaald.  ( 4 min )
    Appartementen en monumenten hoeven straks toch geen hybride warmtepomp
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  • Open

    Insiders Pour Millions Into These 2 Beaten-Down Stocks — Here’s Why You Might Want to Ride Their Coattails
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    First Republic up in air as regulators juggle bank's fate
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    Boeing, Estée Lauder, and 5 Other Stocks for a Very Confusing Market
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    Early retirement devotees rethink assumptions after 'dicey times'
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    JPMorgan, Citizens and PNC submit bids for First Republic
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    Pitched Fight for Stock Market Supremacy Was Masked by VIX’s April Plunge
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    Should You Sell Tesla Stock In May? Maybe Not.
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    Disney layoffs hit Disney+ leadership teams as Bob Iger resets streaming strategy
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    Equity Bulls Count on Fed-Cycle Math That Worked For Decades
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    Dow Jones Futures: Market Rally Eyes 2023 Highs; First Republic, Fed, Earnings In Focus
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    Fed decision, Apple earnings, April jobs report: What to know this week
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    Big Tech’s Rebound Plays to Individual Investors’ Growth-Stock Bets
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    Bitcoin’s Monthly Streak Brings $100,000 Into View if History Is Right
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  • Open

    Preventing a Tax Hit When Selling Rental Property
    Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are ways to reduce capital gains exposure.  ( 23 min )
    Monetary Conditions Index (MCI) Definition
    The monetary conditions index (MCI) offers a tool for economies to gauge the relative ease or tightness of monetary conditions over time.  ( 19 min )
    10 of the Most Famous Public Companies That Went Private
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    Beauty Brands Tackle Greener Packaging
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    Is a Car an Asset?
    Even with depreciating value and constant maintenance costs, your motor vehicle can prove to be a major asset for you.  ( 21 min )
  • Open

    NU+ | Klimaatvraag: Wat betekent 'klimaatneutraal' eigenlijk?
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2023-05-30T01:06:27.280Z osmosfeed 1.15.1